The Thunderbird, Fall-Winter 1977-1978

THE CHANGING
Perspective of the Editorial Staff
Why "The Changing Thunderbird"? Because Thunder­bird
is changing.
This school is both a leader and a follower. It is a
leader of institutions that admire its foremost purpose
to function as educator of new personnel and coordin­ator
of information for the corporations and govern­ments
it serves. It is the follower of the outstanding
individuals who are its life blood, the alumni.
Therefore, we are changing the focus of this maga­zine
to conform to the dual interest of our readers,
both the news of what we are involved with on campus,
and the most poignant issues of international busi­ness
today.
The focus of this issue is the Middle East. We ask
your response to the issue, and your suggestions for
articles and information you would like to see in­cluded
in later issues. We intend to focus on a region
in each issue: Asia, Africa, Europe and possibly behind
the Iron Curtain. Our purpose in each case is to
track the progress and changes of international busi­ness
that are becoming the most dynamic forces in
our world today.
Aubrey S. Jones
Ed Popish
THUNDERBIRD
Diane Connelly
Terry L. Peteete
THE THUNDERBIRD (alumni publication of the
American Graduate School of I nternational Man­agement)
is published in the Fall / Winter and
Spring / Summer of each year.
Executive Editor: Sonia V. Thurmond
Editors: Diane Connelly '56 and Terry L. Peteete
'78
Photographer and Technical Publications Advisor:
Aubrey S. Jones '78
Alumni Assistant: Ed Popish '78
In line with AGSIM policy to further our world-wide contracts we
are exploring several possibilities for joint ventures in the Middle
East. These would be similar to our existing programs of student
and faculty exchange with the Institute for International Studies
and Training in Japan and our full AGSIM summer semester at
the Autonomous University of Guadalajara.
The most ambitious of these is the Arab Center to be established
on the Thunderbird Campus. A proposal was made to the King Abul
Aziz University in Saudi Arabia for a jOint venture involving
about $1,000,000 contributed by each school. The center would
recruit about 10-15 Saudis and a like number of Americans (or
others)' The Saudis would study English and the American way of
doing business and the American sc ience of management. The
Americans would study Arabic, Arab culture and management
science. It is hoped this would contribute substantially to the
development of a highly educated cadre of Arab managers and a
group of Americans who would have a much better understand­ing
and knowledge of the Arab world.
We have also made a specific proposal to the University of Bagdad
in Iraq as a follow up of a visit by Dr. and Mrs. Gulick there
last year. They were invited by the University and by the govern­ment
of Iraq. This would result in an exchange of professors,
students, and literature between the institutions.
The
President's
Message
With the aid of a Libyan student we are making contact with
the Government of Libya for a possible jOint venture.
Also with student and alumni assistance an approach hos been
made to Iran. I personally have strong ties to the University of
Tehran since I was a professor there for two years.
The American University of Beirut has made initial overtures
about some assistance from AGSIM in establishing a strong
Graduate School of Management in Beirut.
Professor Mohammed Malallah, Director of the new Institute of
Management in Amman, Jordon, spent a semester as a visiting
professor at AGSIM. He is presently in Ammon with the avowed
intention of establishing close ties with us through exchange of
students and professors.
Realizing that the Middle East and Southeast Asia are the eco­nomic
lands of the future, the school wonts to establish significant
beachheads of mutual assistance there.
WILLIAM VORIS
President
2
THOUGHTS ON THE PRESENT AND
FUTURE OF ARAB NATIONS
(An interview with Dr. S. E. Shabrawy)
Dr. S. E. Shabrawy, associate professor of the
World Business Department, has both a diverse
educational and professional background. He re­ceived
his B.A. in Business from the Univenity of
Cairo, and served as management consultant with
the National Insti­tute
for Manage­ment
in Cairo. He
aHended the Univer­sity
of Berkeley on a
grant from the Ford
Foundation and cul­minated
his studies
by receiving his Ph.D
from the University
of Illinois.
Dr. Shabrawy fint came to American Graduate
School in 1972 as a professor of business and
Executive Development consultant. In 1974, he
took a leave-of-absence at which time he was a
management and marketing consultant for var­ious
governmental agencies as well as for firms
in Kuwait, Saudi Arabia and the United States.
He returned to AGSIM in the fall of 1977.
The following interview with Dr. Shabrawy reveals
his thoughts on the present and future of the
Arab nations, politically and economically:
Question:
We are all interested in what the Arab countries are
doing with the oil revenues they are receiving. What
is the current policy for the use of this money?
Answer:
There are not enough Arab financial institutions to
manage and allocate these revenues. Currently, most
of the surplus revenues are managed through Western
financial institutions. The Arab countries are taking
steps however, to develop their own financial institu­tions
and are putting more and more surplus money
into developing Arab countries where financial re­sources
were minimal. For example: there is heavy
investment in Sudan; some investment in Egypt; and,
less in Morocco, Tunisia and other African countries.
Question:
What changes do you foresee in the price of oil? Also,
how might pricing be used again as a weapon?
Answer:
First, I expect that any price increase will be consis­tent
with inflationary trends, and with related price
increases of industrial and consumer products.
It might be used in the case of conflict and confron­tation.
I n a state of cooperation, the confl ict is second­ary;
there will be both negotiation and accommoda­tion.
But in case of confrontation, opponents neces­sarily
use all their resources. If the Arabs lack mili­tary
power, they will use economic power . .. and oil
is part of this economic power.
Question:
Where is the money that constitutes this potential
economic weapon located?
Answer:
All over the world. Some of it is in Europe, some in
the U.S.A., some in Arab countries, some in African
countries. One can deduce the location of the monby
by studying the investment behavior of the Arab. His
investment behavior is conservative. He wants to mini­mize
investment risks, especially if he is investing out­side
his own domain, his own country. So America
is THE place where most of the money is allocated
because of its economic stability. If you compare the
United States with Europe, you will find that the Arabs
may consider a potential risk because of the inter­ference
of socialist parties there.
But I think most of the Arab capital should be spent
on the development of Arab countries, to initiate sta­bility
within these countries. Where you develop poor
Arab countries, you are encouraging stability and the
result will be the development of new markets and a
wider, more diverse economic base.
Question:
Since Beirut has closed, is there an alternative finan­cial
center developing in the Middle East?
Answer:
There should not be one financial capital; there should
be several. Kuwait is emerging as a financial capital;
Bahrain is a possibility; Cairo is definitely becoming
one, and, if it develops the infrastructure needed to
support such activities, it will be the most important
place for this transaction.
Question:
With this rapid increase of revenues to the Middle
East, the Western World is concerned with who con­trols
the use of these funds. Who are the emerging
business and political leaders of the Middle East?
Answer:
Let us differentiate between the business entrepre­neur
who can help in the process of industrial de­velopment,
and a business leader who is involved in
commercial transactions, a middleman, involved in
marketing activities.
When you talk of the industrial entrepreneur, one who
is striving to develop an infrastructure that will be
able to support industrial base, I cannot say there are
any. Maybe this is because governments mostly are
involved in this type of operation. But when you talk
about commercial activity, and people involved in de­veloping
organizations of a marketing nature, there
are many.
Question:
Are there any dominant political leaders?
Answer:
No. There is no one spokesman for the Arab countries.
There is cooperation between the Arab leaders based
on their respective power, whether it is economic or
political power. There is more cooperative decision­making,
or perhaps better decision-making, when it
comes to foreign policy decisions. This has resulted
in a more unified effort to help each country and the
region as a whole.
Question:
How do the Arab countries view themselves in the
world society? What role will they play?
Answer:
After the 1973 war, their perception changed. They
are now aware of their influence on the economic
order of the world. They are aware that their influence
is responsible for a wide change in this economic
order. However, it is necessary to differentiate be­tween
the rich Arab countries, which are under-popu­lated,
and the poor Arab countries, some of which are
over-populated. The poor Arab countries suffer from
all the problems of development. But the rich Arab
countries perceive themselves as rich developing na­tions
with immense economic potential.
Question:
Currently, the common view of the Middle East by the
business community is that of a huge market poten­tial.
What are the possibilities for marketing and
investment in the Middle East?
Answer:
Let's think in terms of what the market is. There is
a total population of approximately 120 million peo­ple,
without differentiation between the rich and poor
countries. The rich Arab countries have glamorous in­dustrial
and economic development programs, and this
represents a viable market. Saudi Arabia, for example,
has a yearly development plan for between 30 and 35
billion dollars. In the Gulf area, the projects are simi­lar
in scope. Together they constitute an important
market. When you have this type of wealth you can
expect the consumption pattern to change, the peo­ple
to develop new habits. They will buy new products;
they can afford them. The governments are assisting
in the development of these markets through their
economic and social development plan. The avail­ability
of funds and development programs are, of
course, key factors. By utilizing the financial resources
available in the development of Arab integrated de­velopment
plans, markets will have a higher rate of
growth.
Question:
Of major concern to Thunderbirds is the requirement
for expatriate managerial personnel. What is the need
for managerial assistance in the Middle East?
Answer:
We should consider this problem in terms of the prob- .
lem of the transfer of technology. If you transfer
physical technology without managerial technology,
you can predict failures. Therefore, you have to im­port
managerial technology. However, we should not
initiate a dependency on foreign managerial assistance.
On the other hand, the Arab countries must not iso­late
themselves because their own managerial experi­ence
is not based on professional management and is
not consistent with up-to-date physical technology.
They must have foreign managerial technology to
develop their own managerial technology.
Question:
Can you predict the duration of this need in terms
of numbers of years?
Answer:
It is a continuous process. Even when countries de­velop
their own professional managerial cadre, they
should not isolate themselves from foreign technology.
They must up-date themselves all the time. It is a
matter of cooperation. It shouldn't be a closed system.
Question:
In most Middle Eastern countries a foreign business
must have a local business partner, since total foreign
control is not allowed. What is the best way for a busi­ness
man to make a contact to form a relationship?
Answer:
A prerequisite is that businessmen change their dog­matic
beliefs about doing business the "American
way." They must understand that there are some en-
3
vironmental conditions in these countries that gen­erate
different and varying behaviors. They should un­derstand
these behaviors, understand the local business
attitudes, and be able to adapt to these conditions. In
the absence of clear business procedure, personal con­tacts
and relationships will be most important. In per­sonal
relationships, one should understand the person­ality
characteristics and the value system of the people
with whom you're going to deal.
Question:
Do you recommend using a professional contact such
as a consulting company to provide leads?
Answer:
Either the professional consultant, who is aware of
what is going on in this part of the world, or the
embassy's commercial attache, or, governmental busi­ness
service organization.
Question:
What are some of the pitfalls in finding a local repre­sentative?
What does one look for, and how does one
check his credentials?
Answer:
There is data available at the U. S. Chamber of Com­merce
for the respective countries or through the
U. S. Department of Commerce, which offers some
information as to who the agents are, what type of
business they are conducting and what kind of back­ground
they have. Personal contact is another way.
I think you should depend on the young nationals, the
emerging businessmen. The young educated have new
ideas. They know how to develop the markets. It's
easy to communicate with them. They have energy
and an understanding of the potential of these coun­tries.
They are not very conservative in their business
behavior; they can learn and interact; and, they are
open to new ideas. Many companies may look for tradi­tional
businessmen who are complacent and don't
have the desire to develop new markets. Yes, I be­lieve
the advantage lies in the young men who have
some business education. Help these people to develop
and they will develop the market for you.
A system that encourages U. S. medium-size compan­ies
to become more internationally-oriented should be
developed. This would certainly help offset the balance
of payment deficit. Medium-sized U. S. companies
with available technology should be considered large­size
companies because of their available technology.
I would consider them large-size companies by inter­national
standards, too. Generally, these companies
have not moved internationally because of their lack
of understanding of foreign markets. It would be a
good strategy to inject some of this new-breed of in­ternational
manager into these medium-size compan­ies.
This combination can develop an international
marketing strategy to move into foreign markets. I en­courage
the graduates of international business schools,
especially graduates of Thunderbird, to look for the
type of company that is committed to growth. They
would grow with these companies; and, they would be
self-motivated to a high level of achievement both in
terms of their own growth and the growth of these
companies internationally. This potential combination
could be a dynamic force in international business
where there are now elements of stagnation.
4
INDUSTRIAL CENTERS SHIFTIN'G
IN RESPONSE TO MNC/s
CHANGING NEEDS
To facilitate their international operations during the
past decade, domestic and multinational corporations
have been moving their corporate headquarters and
regional offices.
From the traditional industrial centers of New York,
Tokyo, London and Hong Kong, they have been re­locating
to sites which they have evaluated as more
desirable for international operations. Three cities
have come to the forefront as leaders in this respect:
Coral Gables, Paris and Honolulu. These cities have
been especially successful in attracting the regional
headquarters of multinational corporations for their
Latin American, European and Far Eastern markets,
respectively.
In his survey of international business executives,
David A. Heenen found these to be major criteria that
multinational corporations use to select cities as sites
for their regional headquarters: proximity to foreign
markets, cost of living, quality of air transportation
and communication networks, political stability, cost
of maintaining expatriate staffs, and tax and other in­centives
offered by these communities.
A natural corollary to this trend is that rivalry and
competition are increasing between the traditional
business centers of the world and those cities that are
emerging as potential sites for relocation,
There are many incentives for such cities as Coral
Gables, Paris and Honolulu to develop their commu­nities
economically, politically and socially in a man­ner
appealing to those responsible for making such
corporate relocation decisions.
Taxable wages and property taxes generated by the
staffs of these regional offices represent additional
revenue for the communities. However, many of these
cities view the growth of other sectors of the business
community as being even more beneficial to the com­munities'
long-range financial health. The presence of
such corporate offices encourages the growth of the
supporting industries within these communities. Ac­counting
firms, advertising agencies, banks, hotels,
restaurants and tourism emerge and flourish.
Coral Gables, Florida has been quite successful in
marketing efforts on its own behalf. In the 1960's,
community and business leaders, later to become the
Committee of 21, responded to an economic crisis
within Coral Gables. The city's major industry, retail­ing,
was in decline. In an attempt to widen the city's
tax base and diverSify the community's industry, a
strategy was developed by this group to attract the
Latin American operations of American, European and
Asian corporations. In 1959, the first multinational to
locate its Latin American headquarters in Coral Gables
was Jersey Standard. Today, in addition to Exxon, Coral
Gables boasts over 70 other corporations that have
made this community their Latin American regional
headquarters.
Allen J. BrentelOn
Allen J. Brenteson, upon graduating from the Ameri­can
Graduate School of International Management in
1960, joined Rohm and Haas. He spent nine years
in Central and South America as a general manager
of Central America and the Caribbean. He is presently
the Director, Latin American Region, for Rohm and
Haas, and is based in Coral Gables.
When he was aSSigned to the Coral Gables office in
1969, Brenteson became involved in community affairs
via the Chamber of Commerce and has played an
active role in making Coral Gables the "Gateway to
Latin America" that it is today.
The Committee of 21 , an offshoot of the Chamber of
Commerce in Coral Gables, is comprised of local in­ternational
business and community leaders, includ­ing
Brenteson. This group has been successful in mar­keting
Coral Gables to U.s. firms and is currently con­ducting
a campaign targeted at European and Asian
firms to locate in Coral Gables. Latin American firms
are also locating offices and plants in the area for
a variety of reasons.
Brenteson claims that developing a marketing plan
for Coral Gables was not a hard task. The community
has much to offer in addition to its beauty and cli­mate.
Among its assets are its proximity to South
America, the Miami International Airport and its well­developed
transportation and communication systems.
It has the political stability of the U.s. and a low
cost of living compared with many industrial centers
in Europe and South America. Also to recommend it
are its strict zoning laws and well-developed support
industries. Coral Gables ranks second only to New
York City in its number of Edge Act Banks, and it is
rapidly gaining respect as an international financial
center. It has been called the "New Switzerland for
Latin America."
Coral Gables and the State of Florida have utilized
various sales tools to lure regional headquarters to
the area, including goodwill tours of Europe and South
America by Governor Rueben Askew and advertising
in Time magazine. Much of the promotional work is
done voluntarily by members of the Coral Gables in­ternational
business community while they are on
business trips to other U.S. cities and to Europe and
Asia. The city does not offer companies any incen­tives
in the form of tax holidays; however, most of the
firms they attract are administrative operations, not
manufacturing concerns subject to corporate taxation.
Coral Gables really has no viable competition as a
Latin American headquarter site. While New York
City is still the international financial center, this is
not enough of a motivating factor to convince firms
to locate within the city. At one point, New Orleans
represented a rival because of its port facilities, but
it was unable to sustain its lead because it did not
continue to develop, as did Coral Gables.
Although the Coral Gables community initially had
misgivings about bringing such businesses to their
city, due mainly to their fear of congestion, they have
found over the past fifteen years that the problems are
controllable and are far out-weighed by the advantages.
Currently, Brenteson is the president-elect of the
International Center of Florida, a non-profit organi­zation
whose purpose is to develop Southern Florida
as an international trade center. The International
Center endeavors to assist the Latin American offices
of companies within Southern Florida by "putting
people together with ideas." This organization arranges
for highly respected and successful international busi­nessmen,
representatives from Washington and Latin
American governments and Chambers of Commerce
to speak and lead forums in the area. This provides
the business community with the opportunity to dis­cuss
mutual problems and seek advice from these
sources.
5
Trade missions to Latin American countries are ar­ranged
so local international businessmen can meet
with their foreign counterparts to foment import-ex­port
business between the countries involved.
The International Center of Florida also encourages
the passage of state and federal legislation beneficial
to the international business community. A noteworthy
example was the International Center's successful en­deavors
to have an area in the proximity of the Miami
International Airport transformed into a free trade
zone. It is estimated that within five years, the free
trade zone will be a billion dollar operation used prin­cipally
as a staging point for Latin American business.
A sufficient number of European and Asian firms have
applied for space within the free trade zone to occupy
the planned first phase of its construction. Needless
to say, this will be an extremely attractive asset of the'
Miami-Coral Gables area.
Additionally, the International Center of Florida has
been a promoter of the first Latin American Trade Fair
to take place in Miami this coming Spring. All Latin
American countries belonging to the Organization of
American States, (OAS) have been invited to attend,
and a productive exchange of ideas and transactions is
anticipated.
The future appears promising for Coral Gables, and
for all of Southern Florida. It is obvious that much
of this success can be attributed to the work of the
Committee of 21 and the International Center of
Florida. We applaud the work of these committees
and their members as well as their efforts on behalf
of international business. And we particularly applaud
the dedication, skill and leadership given to these ef­forts
by Allen J . Brenteson, 1960 alumnus of the
American Graduate School of International Manage­ment.
-Martha WahOiki
The Pauline Wilson Memorial Student Loan Fund
has been established in memory of Professor Paul
Wilson's wife, Pauline, who died on October 4
after a long illness.
The fund now totals more than $2,700. Contribu­tions
should be made payable to the Pauline
Wilson Student Loan Fund and mailed to the
business office at AGSIM.
6
TAXATION
OF FOREIGN
SOURCE INCOME
Practicing aHorney, Robert S. Tancer, is well­remembered
by alumni since 1972 for his courses
in tourism and the legal problems of international
business. He has been following the international
tax scene, including the Tax Reform Act of 1976,
and ih likely direction under the Carter adminis­tration.
Professor Tancer's article up-dates John
Cullinan's, 77, Thunderbird article on the 1976
Tax Act:
The United States like most developed, industrial
nations, taxes its c(tizens on the basis of their world­wide
income. Determining citizenship for an indi­vidual
is a straightforward matter, and in the Internal
Revenue Code a domestic or United States corpora­tion
is one " .. . created or organized in the United
States or under the law of the United States or any
state or territory." All other corporations, according
to the Code, are foreign. The rationale underlying t~is
view is that citizens of the United States receIve
benefits from that association regardless of where they
happen to reside or what the source of their income
may be. It is also based on the belief that there would
be an inherent injustice should U. S. citizens resid­ing
or working abroad be permitted to escape the
taxation burdens carried by resident citizens.
In international terms, the assertion of taxing one's
citizens on the basis of their worldwide income can
only produce problems, since the nonresid~nt citizen
taxpayer will often be taxed on the same Income by
the country where such income is earned. The United
States has traditionally sought to reconcile this dilem­ma,
producing double taxation, by granting special
treatment to its non-resident citizens and corporations.
One can almost say that multinational operations took
their present form over the last thirty years as a re­sult
of these tax benefits. If one examines, for ex­ample,
the corporate structure of U. S. multinationals,
one can see that it is designed to permit the U. S.
corporate parent, the taxpayer, to take advantage of
existing provisions of the U. S. tax law. On October
4 1976 the Congress of the United States approved
the Tax' Reform Act of 1976, which was signed by
President Ford shortly thereafter. The Tax Reform
Act of 1976 deals specifically with various aspects
of how U. S. international business is taxed, and
contains two titles on subjects of particular interest
to the international business community. Title X,
Changes in the Treatment of Foreign Income, and
Title XI, Amendments Affecting DISC, introduce de­partures,
possibly even erosions, in traditional treat-ment
accorded U. S. international business activities.
It is the purpose of this article to highlight these
provisions so that you will better understand what
these changes mean to you as individuals and to the
companies of which you are an integral part. Although
the Carter administration has not yet announced the
details of its own tax program, it is clear further
changes will be forthcoming in the international area.
The unprecedented growth of U.S. multinationals
during the fifties and sixties was based in part on the
fact that although the U.S. adhered to the principle
of taxing its citizens on the basis of worldwide in­come,
it provided at the same time sufficent incen­tives
to encourage international trade and investment.
This balance was achieved through the use of four
principal techniques.
The first grants a flat exemption to U.S. citizens to
U.S. taxation for certain income earned abroad. The
second establishes a system of deferral whereby the
U.S. corporate parent can determine when its foreign
subsidiary income will be taxed by postponing its U.S.
tax until foreign earnings are repatriated. The U.S.
parent is, in effect, being provided with tax-free dol­lars
for its international expansion. The third feature
of U.S. tax law offers the U.S. taxpayer a foreign tax
credit which permits him to take a credit against his
U.S. taxes, for certain taxes he has paid to foreign
governments. Finally, the United States has developed
over the years a series of tax devices which provide
some relief for the U.S. export sector. These were
originally conceived in terms of reducing the usual
corporate tax rates for certain export activities like
the Western Hemisphere Trade Corporation, enacted
in 1942. More recently, the approach to stimulate
U.S. exports has been modified with the establish­ment,
in 1971, of the Domestic International Sales
Corporation commonly known as the DISC. Each of
these four 'areas, how they have been modified by
the Tax Reform Act of 1976, and their probable fate
under the Carter administration will be discussed be­low.
1. Exclusion for Income Earned Abroad.
Prior to the Tax Reform Act of 1976, U.S. citizens
working and residing abroad, were given an exemption
from U.S. income tax on the first $20,000 of income
earned abroad. To qualify, the U.s. citizen must in
fact have been a resident of a foreign country, and
must have spent seventeen out of the last eighteen
months working abroad. Thus, if a corporate executive
working and residing overseas earned $25,000, he was
liable to the United States government for taxes only
on the remaining $5,000 of income. Since the U.S. tax
rate is a graduated one, this became a significant
benefit to the taxpayer. For example the prevailing
amount of tax for a married couple filing a joint return
with a taxable income of $6,200 was $450, while the
same couple having a taxable income of $31,200 paid
$7,100, the latter based on a tax rate three times
greater than the former. The older law increased the
amount of this exemption to $25,000 a year once the
taxpayer had I ived and worked abroad for more than
three years. This exclusion was even more significant
when the U.S. taxpayer was also permitted to take a
foreign tax credit against the foreign taxes he had
paid.
In the Tax Reform Act of 1976, the amount of the
exclusion is reduced to $15,000, and neither the
foreign tax credit nor a deduction is available for any
part of the excluded amount on which foreign income
taxes have been paid. The Law further limits the
exclusion by taxing any additional foreign source in­come
earned by the taxpayer at the higher rate, i.e.,
the one which would have applied were the exclusion
not granted. Finally, if the taxpayer receives income
from sources outside of the country where he is work­ing,
if such income is received in part to avoid pay­ment
of taxes in the country of residence, such income
cannot be included as part of the exclusion. The Sen­ate
committee estimated that this change will increase
Treasury receipts by thirty million dollars in fiscal
year 1977 and twenty-eight million in 1978. Consider­able
discussion has already taken place on the effect
this change will have on the multinational employers
of U.S. citizens, many of whom seem obliged to make
up this difference to their U.S. citizen employees.
It is unlikely that the earlier exclusionary amounts
will be restored by the Carter administration whose
goal in the tax area is to improve "equity" among tax
payers. Consistent with this goal would be to phase out
the remaining exclusion and replace it with deduc­tions
that the overseas executive would be allowed for
certain fringe benefits or income necessary to main­tain
a comparable standard of living to that he would
have had he remained in the United States. Opposition
to this section from interested overseas executives
has been so effective that implementation of this pre­vision
was delayed for one year and it is likely a
further extension will be allowed.
2. Deferral.
Interestingly enough, the ability of a U.S. corporate
taxpayer to defer paying U.S. income tax on the
profits of its foreign subsidiaries has not been tam­pered
with in the Tax Reform Act of 1976. As a result
of the narrow definition of corporate nationality where­by
U.S. corporations are determined solely on the
place of incorporation, most U.s. corporate parents
can effectively keep their subsidiary income outside
the scope of U.S. taxation until it is repatriated.
This fact is one of the major reasons why so much
of U.S. multinational activity throughout the world is
carried out through foreign subsidiaries. To empha­size
the significance of this structure, one must re-
7
member that if the U.S. parent operated abroad
through branches or partnerships, the foreign source
income of these branches or partnerships would be
subject to U.S. taxation because of their U.S. citizen­ship.
The simple creation of a foreign subsidiary
avoids this problem. Deferral permits the U.S. parent
to carry out its international expansion from its foreign
profits before they are taxed, by the US. government.
Thus greater funds are available to it. Happily, no
important revisions were made in this area in the
Tax Reform Act of 1976.
There is some indication that the Carter tax plan
will eliminate deferral as part of a trade-off for lower­ing
or even eliminating the corporate income tax. De­velopments
in this area should be followed carefully.
3. Foreign Tax Credit.
The foreign tax credit goes back to 1915. Its purpose
was, and continues to be, to provide relief to the U.S.
citizen taxpayer, who, by virtue of his foreign resi­dence,
is exposed to double taxation. Tax writers often
refer to the tax credit as achieving "neutrality" in
that through its application the taxpayer ends up pay­ing
no more in taxes, although shared between two
governments, than had he earned the same income
in the United States. In operation, the tax credit works
by permitting the U.S. taxpayer to take as a credit
against his U.S. income tax that amount he has paid a
foreign government for income taxes. Although this
result achieves "neutrality" for the U.S. taxpayer, it
reduces tax revenues for the U.S. Treasury because
the U.S. government is waiving that part of the over­all
tax obligation that has already been paid to a
foreign government. There was not much opposition
to this approach when foreign income tax rates were
sign ificantly lower than U.S. tax rates, and thus the
amount eligible for the foreign tax credit was negli­gible.
In recent years, however, as foreign income
tax rates have increased, in part because foreign gov­ernments
know of the U.S. tax credit, there has been
rising concern in Congress that the U.S. Treasury is
lOSing too much money.
Although retained in the Tax Reform Act of 1976,
limita.tions have been introduced reducing the bene­fits
previously available to U.S. taxpayers. The major
change in the operation of the foreign tax credit is
the elimination of the so-called "per-country limita­tion."
Prior to the Tax Reform Act of 1976, the tax­payer
was subject to a limitation on the amount of
credit. This limitation was to assure that the credit
would not eat into taxes owed by the same taxpayer
for U.S. source income. The taxpayer was permitted,
at his election, to determine whether it was more ad­vantageous
to accept the pre-country limitation or
the overall limitation. The difference in taxes paid
the US. Treasury could be significant in that the pre­country
limitation could be used over and over again
and applied to each country in which the taxpayer
does business, thus preventing losses in one country
from being deducted against profits in another coun­try.
The overall limitation, would of course, avoid this
result, since the overall foreign source income figure
is established on the basis of the taxpayer's worldwide
operations. Under the Tax Reform Act of 1976, the
per country limitation has been abolished and the tax­payer
has no alternative but the overall limitation.
The Senate Committee on Finance estimated that re-
8
peal of the per-country limitation will result in over
forty-one mi II ion dollars of additional tax revenues
for 1977.
It would seem that in the Carter spirit of "equity"
the foreign tax credit would be less vulnerable. Its
elimination would produce significant double taxation
problems.
4. Domestic International Sales Corporation (DISC).
In 1971, after much pressure from an export sector
whose sales were declining, Congress enacted legis­lation
creating the Domestic International Sales Cor­poration
or DISC. Through the operation of a DISC,
an exporter could structure his taxes in such a way
that he only paid taxes on a current basis for one­half
of his export income, while he was able to defer
the remaining fifty percent. The DISC was a depar­ture
from the earlier approach used in the Western
Hemisphere Trade Corporation, which resulted in pro­viding
a limited group of exporters with a reduced
corporate income tax rate. At the same time, it was
hoped by the Congress that the particular method of
deferral would be accepted under the rules of GATT,
where rebates from direct taxes are prohibited.
In part because of the considerable publicity the
DISC received, and its enthusiastic endorsement from
the Department of Commerce, the organizing of
DISCs became popular, and most export business took
advantage of the tax provisions they offered. Whether
it was the result of the DISC, or possibly other eco­nomic
factors, the most important of which were the
subsequent two dollar devaluations, U.S. exports began
to soar in the early 70's. The DISC became a target
for criticism and finally in the Tax Reform Act of 1976
its deferral benefits have been substantially reduced.
Now, the only DISC earnings that are eligible for de­ferral
are those that have been added to an export
base period determined by the statute. The base period
established by the Law is a figure derived from the
average of exports during a given four-year period,
1972 through 1975. Thus, the fifty percent deferral
originally offered all exporters is limited to those who
can show that they have achieved "additionality" over
and above their four-year average. It's almost as if
the more successful exporter is penalized as a result
of his increased export sales.
All indications are that the DISC will be abolished
under the Carter tax program. The DISC is particu­larly
threatened since current tax revenues are re­duced,
and there is increasing evidence in Congress
that establishing a DISC has little effect on a com­pany's
export activities.
In addition to these four major areas, the Tax Reform
Act of 1976 introduced two new restraints covering
boycotts and bribes.
5. Boycotts and Bribes.
The Tax Reform Act of 1976 contains complicated
provisions concerning the effects of participating in
international boycotts and in making bribes. U.S. tax­payers
participating either in boycotts or in bribes
directly, or through subsidiaries which they control,
will lose all of the international benefits that the tax
law permits, particularly deferral and the use of the
foreign tax credit. To enforce these provisions, tax-payers
must file with the Treasury elaborate disclo­sure
statements as to their participations in boycotts
and bribes. Failure to file such information reports
can lead to criminal penalties. It is unlikely that these
provisions will be modified or deleted in the Carter
program.
One final area in which the Tax Reform Act of 1976
assists a kind of international transaction should be
mentioned. Non-resident foreigners and foreign cor­porations
are not subject to U.S. withholding tax on
interest paid them by U.S. banks or borrowers. Orig­inally,
such individuals or entities were subject to a
thirty percent withholding tax, which was temporarily
waived in the Tax Reduction Act of 1976 but made
permanent in 1976. The reason is clearly to encourage
foreign lenders to contribute to U.S. corporate financ­ing,
and at the same time, make it clear that non­resident
foreign investors will be encouraged to de­posit
their funds with U.S. banks. The exclusion is
limited and will not extend to a non-resident alien
engaged in "trade or business in the United States."
The coming months will shed further light on the
Carter tax plan. It promises to be a comprehensive
one. This interim period should be utilized produc­tively
by advising Washington of your views. The in­ternational
community was taken somewhat by sur­prise
by provisions of the Tax Reform Act of 1976.
Opposition and protest was organized only after its
enactment. This tactical error should be avoided dur­ing
the forthcoming CongreSSional committee reviews.
There are organized efforts evolving to combat
Section 911 of the 1976 Tax Reform Act. One
effective means is for each person interested in
the American global business position, and par­ticularly
those whose lives are directly influenced
by this Act, to write their congressmen. This is
a positive step that we each can take, for cer­tainly
if we will not, we are in eHect supporting
the Act with our silence.
A second means, and potentially more effective,
is a lobby in Washington, Tax Equity for Ameri­cans
Abroad, whose sole purpose is "to seek re­dress
from the inequities that exist in the tax
laws of the Ultited State .... The by-law. say "the
corporation is organized for educational, research
and lobbying purposes by individual United States
taxpayers re.iding outside the United States."
The TEAA requests that American. living abroad,
and all who are duly concerned, send $100 to
the National Bank of Wa.hington, Tru.t and
Operations Center, 4340 Connecticut Avenue,
N.W., Washington D.C. 20008 (or P.O. Box
39990, Washington, D.C., 20016).
TERRY PETEETE '78
(With a big thank-you to Stanford P. Wilson '58).
We, the editorial staH, urge you, the reader, to
be active in our common purpose of repealing this
tax act. The ultimate focus of this Act will erode
the United States' current position of globallead­ership
at a time when, as a global community, we
sorely need this leadership which the United
States is best able to provide.
9
1978 BRINGS NEW REQUIREMENTS
The American Graduate School of International
Management is ever involved in the process of
reviewing the curriculum to determine when and
where changes are needed. These changes result
in adding or deleting courses or adjusting course
work requirements when deemed necessary. Be­ginning
in the Fall 1978 term, there will be a
stiffening of requirements for all new students.
Following ;s an article by Mr. John James Arthur,
Registrar, explaining these changes.
All students entering in the Fall Semester 1978, and
thereafter, must take at least twelve (12) semester
hours of 400-S00 level courses, in addition to the stan­dard
requirement of fifteen (1 S) hours of 300-level
courses (WB-310 ACCOUNTING, WB-320 MANA­GERIAL
ECONOMICS, WB-330 OPERATIONS ANA­LYSIS,
WB-340 MANAGEMENT, WM-3S0 MARKET­ING).
These courses may be waived on the basis of equiva­lent
UNDERGRADUATE study completed. Therefore,
all applicants are urged to take these five subjects at
any accredited institution of higher learning prior to
matriculation at AGSIM. We can waive all five of these
courses on the basis of transcript evidence that similar
work has been satisfactorily completed. The comple­tion
of a basic three credit hour business course would
normally suffice for a waiver, with the exception of
WB-320 MANAGERIAL ECONOMICS. Since the prin­ciples
of both micro and macro economics are in­volved,
this would normally take two introductory
economics courses to cover the material.
In view of this new requirement, students who enter
AGSIM with no waivers in any of our three Depart­ments
would have to take a total of 51 semester hours
of work (instead of 48) in order to complete the Mas­ter
of International Management degree. However, as
nearly all students have some waivers in one or more
Departments, it is expected that only a very small
number of students may have to take more than 48
hours. Seventy percent of the students complete the
MIM in one calendar year, and this ratio is not ex­pected
to change.
Staring with the Fall Semester 1978, the requirements
of our three Academic Departments will be:
HOURS
1) DEPARTMENT OF MODERN LANGUAGES:
One 300a, one 300b, one 400-level course ____ 15
Note: Partial or total waivers allowable, based
on performance in a placement test on
campus during registration. Credit hours
would amount to 16 in the case of Japan-ese
or Chinese. Foreign students required
to take ENSL-I NT must take 21 hours of
work in English; those who know English
well in addition to their native tongue may
waive all language.
2) DEPARTMENT OF INTERNATIONAL STUDIES:
One 300, and two 400 or 500-level courses ____ 9
Note: Partial waivers allowed, although all
students must take at least three (3) credit
hours of work. Area specialists and Inter­national
Relations majors usually waiver
three hours.
3) DEPARTMENT OF WORLD BUSINESS:
WB-310, WB-320, WB-330, WB-340, WB-350 _ 15
Note: Waivers allowable on all five courses.
At least 12 hours of unspecified 400 or
500-level courses, not subject to waiver ________ 12
No previous study in Business, Economics, Mathema­tics,
Modern Languages (other than English), or In­ternational
Studies is required for admission into
AGSIM. One can start from scratch (with a bachelor's
degree and average GMAT score in the mix) and in
twelve months earn the degree of Master of I nter­national
Management and be prepared for an inter­national
career.
Naturally, all alumni who return to the campus in the
Fall Semester 1978 or later to complete the MIM de­gree
requirements must also have at least 12 hours of
400-S00 level courses in the Department of World
Business.
Raul Masvidal to Head 1978
Thunderbird Fund
Raul Masvidal, '66, Chairman of the Board of
Biscayne Bank in Miami, Florida has accepted the
International Chairmanship of The Thunderbird
Fund for 1978. He will succeed Joseph M. Klein,
'47, Executive Vice President of Cyprus Mines
Corporation, who has served as International
Chairman of the Fund since its inception in July
of 1976.
Mr. Masvidal worked with Citibank in New York
and Puerto Rico from 1967 to 1973 where he was
resident Vice President. Following that he was
President of Royal Trust Bank in Miami until
1977 when he became Chairman of the Board of
Biscayne Bank.
American Graduate School of International Man­agment
indeed is fortunate to have such distingu­ished
and capable leadership in this important
development program.
10
ATTRACTING DESIRABLE
THUNDERBIRDS
Dr. Robert L. Gulickl Jr.
Dean of Admissions and Foreign Student Advi .. r
When I arrived at the then American Institute for
Foreign Trade on March 4, 1964, there were 221 regu­lar
students enrolled including five women, thirteen
international students, and a reasonable facsimile of
zero American minority persons. My mandate was to
increase the student body to 300 and to widen its
geographical representation. In the Spring Semester
of 1977, 967 were registered, including 230 women
and 179 from 58 countries. This tremendous growth
is largely traceable to the plan of using Alumni Edu­cational
Counselors to recruit on campuses near their
residences. Early in the game, it became clear to me
that it would never be feasible for the faculty and
staff at AI FT to travel to hundreds of campuses every
year. Fortunately, President Arthur L. Peterson agreed
and fully supported the program and the foundation
was laid for successful student recruitment. The
alumni were first listed in the January 1965 Bulletin.
During the Peterson presidency, enrollment jumped
from 350 in the spring of 1966 to 507 in the spring
of 1969, from 408 in the fall of 1966 to 590 in the
fall of 1969.
American Graduate School makes around 300 campus
visits a year as compared with perhaps twenty for the
average graduate school engaged in such activity.
Alumni can visit five campuses for what it costs a
staff member to visit one.
The increase in the proportion of women and inter­national
students is no accident. The career climate
in 1965 was such that company recruiters did not want
to interview women. More recently they have come
to interview women only. By 1982, it would be in the
interest of the School's financial viability to realize a
student body comprising thirty percent women and
twenty-five percent foreign students. Last year, wom­en
made up over forty-seven percent of America's
college population.
With the strong and unabated support of Acting Presi­dent
Berger Erickson, the drive for more and better
students continued full speed ahead, and the 750
figure was passed for the first time in the fall of
1970. The first summer session in eighteen years got
off to a timid start in 1971 with 182 students. Ad­missions
requirements as measured by grade point
averages and GMA T scores have risen along with en­rollment.
We expect 650 to 700 in 1978. Like Dr.
Peterson and Mr. Erickson, President Voris has fully
understood the importance of sponsoring campus visits
by alumni and of providing adequate funds for the
recruitment operations. This year Congressmen John
Rhodes and Bob Stump have been instrumental in se­curing
for the Admissions Office the addresses of edu­cational
advisers at American military installations in
America and in Europe and Asia. AGSIM offers re­training
to the retired veteran seeking a second career
as well as to the twenty-five year old with an inter­national
outlook and a desire to secure maximum re­turn
from the use of the GI benefits.
Over the last half-dozen years, the outstanding alum­nus
in student recruitment has been Mr. John James
Arthur, Registrar and College Relations Officer. His
has been the tedious task of carefully selecting several
thousand faculty members to receive our publications
and of inviting many hundreds to participate in our
campus luncheons. In this effort he has been ably
assisted by Mrs. Julia Harvey, whose son, Thomas, is
an Alumnus Educational Counselor.
As the number of American male students remained
fairly stationary, the growth of the School was trace­able
to the influx of women and scholars from over­seas.
More challenging than attracting either of these
groups is the problem of reaching American minori­ties.
Is there something special that AGSIM can offer
the Chicano or the Afro-American or the person of
Japanese or Chinese extraction? The answer is doubly
affirmative. The School can enhance the student's
life-long earning capacity and it can enable him to
recapture his cultural heritage.
I BM a couple of years ago donated funds to the
School for the strengthening of our efforts to recruit
American minority students. The grant enabled us to
prepare and distribute "Unity in Diversty" placards,
to participate in the first national convention for
greater opportunities for Blacks in higher education,
and to communicate with hundreds of faculty members
and administrators who are concerned about profes­sional
and higher education for Afro-Americans, His­panic
Americans, American Indians, and Asian Amer­icans.
The attempt to make our student body more repre­sentative
of America is a move to involve more mem­bers
of those segments of the population that have
the most to gain through the management education
available at Thunderbird. Nisei, Chicanos, and Blacks,
like international students, can be regarded as learn­ing
resources. There is no finer service that AGSIM
can render America than to promote the principle of
"unity in diversity," to work for the "peace, brother­hood
and prosperity" that the Thunderbird symbolizes.
Universal representation is the impossible dream of
the Admissions Office, even as universal participation
is the ideal state for Mr. David Merchant's develop­mental
work.
The Greeks mistakenly thought that stagnant water
purified itself. In modern America, it is becoming
daily more clear that a private college should not seek
a position of isolation but rather pursue a policy of
cooperation, the strength of the strong. We now have
various arrangements ranging from gentlemen'S agree­ments
to formal contracts with Southern Methodist
University (M. B.A.-M.I.M'>, University of Denver
(M.I.M.-Ph.D'>, University of Arizona (S.A.-M.I.M'>,
CAMPUS NEWS
BeST TEACHERS - Spring, 1977
James Mills (World Business)
Lilith Schutte (Modern Longuage)
Beverly Springer (International Studies)
BEST TEACHERS - Summer, 1977
Elayne Parshall (Modern Languages)
Wallace Reed (World Business)
Beverly Springer (International Studies)
Spring '77 Graduation
AGSIM's largest graduating class-480 students strong-was
honored May 20 in the 30th annual, outdoor commencement. The
crowd of relatives and friends that spilled onto ond into the
oleanders also was the largest to attend graduation ceremonies
in the school's history.
The speciker, Fletcher L. Byrom, chairman of the Boord of Koppers
Company, Inc., Pittsburgh, challenged the closs to search for
solutions to the problems that are vexing mankind today, i.e. en­vironmental
economies, waste disposal, relat ive safety of nuclear
plants, and other equally disturbing questions of the day.
Margaret BaldWin, a graduate of Tufts University, received the
Borton Kyle Yount Award.
Summer '77 Graduation
Somebody in this closs of 178 graduates knew something! Fore­gOing
the usual outdoor commencement exercises-which incident­ally
has never been postponed because of weather-the closs voted
to stage its final, official activity at the Arizona Biltmore, one of
the country's most famous resorts, in Phoenix. One hour before
the coveted degrees were presented, the rains began to fall on
Thunderbird campus!
Snug inside the scrumptous ballroom, Karl Eller, president of
Combined Communications, Inc., and a member of the school's
board of trustees, championed the couse of increased communi­cation
as the " key for combating the publ ic's distrust of the
free enterprise system." He asked them to accept a responsi­bility
for informing the public of the many misconceptions about
business.
The Borton Kyle Yount Award was presented to James Haag Jr.,
of Massapequa Pork, N.Y.
11
and the Fletcher School (M.I.M.-M.A.L.D'>. Arrange­ments
are being negotiated with Drury College (B.S.­M.
I.M., M.B.A.-M.I.M'>, Aoyama Gakuin University
(M.B.A.-M.I.M'> and the University of San Diego
(M.I.M.-J .D'>. Dean Geer and I are exploring possible
avenues of cooperation with some one hundred fifty
other schools including the leading women's colleges
and many of the world's most prestigious institutions.
The purpose is to facilitate the recruitment of the
most desirable students.
Affiliation with the National Association for Foreign
Student Affairs (NAFSA), American Friends of the
Middle East (Amideast), and the Institute of Interna­tional
Education OlE) facilitates reaching international
students. The writer is chairman of the NAFSA Ad­missions
Section, Region II, and has been named chair­man
of local arrangements for the NAFSA corwen­tion
to be held in Phoenix in 1979, sponsored by
American Graduate School. The growing national and
international recognition of the school should be very
gratifying to the 12,000 (mas 0 menos) Thunderbirds
around the world.
Two new residence halls were completed in time for 1977 sum­mer
semester ond 48 students lived on campus a little better than
their peers.
The buildings are loco ted on either side of the Administration
building and were designed to harmonize with the ranch'style
architecture of Arizona.
Mrs. John Kieckhefer, whose generous contribution to the school's
capitol fund made construction of one residence hall possible, was
honored guest at ceremonies June 18 when the building was dedi­cated
in honor of her late husband, a paperboard industrialist.
AG$IM's annual doy-Iong Interfest was capped with the first In­ternational
Boll on a early Spring night lost April and, hopefully,
a new social event fqr Thunderbird campus began.
Approximately 300 couples, including at least 100 Phoenix in­dustrialist
and business executives and their guests, danced the
night away to the music of a big band and under strings of pin
I ights and bright stars.
Pre-dance parties were hosted by faculty members and AGSIM
supporters ot private homes in the orea, still the champogne,
wines ond hors d'oeuvers available at the dance did not go
untouched.
• • •
Advertising ond promotional programs for Penn Tennis Balls in
Australia, Polo Frito Kentucky in Italy, Wronger's Wunderkind
in West Germany and Johnson 's Shampooing Pour Bebe in Fronce
were princ ipal presenations by students in the increasingly popular
INTERAD last Spring.
A fifth presentation, introducing a Canadian transcontinental bus­line
service offering first class airline amenities, was introduced
but the concept was so nearly impossible as to not be taken seri­ously
by the judges.
The Kentucky Fried Chicken presentation received a unamious
vote of the judges, but the other teams had strong and vocal
supporters from the students who crowded the auditorium.
Members of the winning team were Gail Ray, Jim Hoag, David
Kreckman, Mark Scott, Sarah Blodgett and Nimrod Kovacs­names
to be remembered and seen again in future marketing
presentations.
12
BALLOON RACE
The third annual Thunderbird Invitational Balloon
Race, Nov. 12 and 13, proved the most profitable ever,
attracting a crowd of approximately 10,000 and 40
balloons. The event was held under a cloud-flecked sky
for the third year.
Particulary popular were the 50-odd booths, most of
them operated by student classes or student entre­preneurs.
I nternational food, balloons, trinkets and
gadgets and cold drink booths provided a colorful addi­tion
to the aerial event.
Estimates were that between ten and twelve thousand
dollars would be netted and placed in the new scholar­ship
fund established by the Friends of Thunderbird,
originators and sponsors of the race.
Cloudless skies could be safely predicted because
the race sponsors sent two dozen eggs to the Sisters
at Santa Clara Church in Manila, with a covering letter
asking the good Sisters to advise Those Responsible
that no rain was wanted in Phoenix on. Balloon Race
days. (Space restraints eliminate the story of this super­stition,
but it worked last year!)
Some of the names of those working all year long to
make two days in November a rousing success are
Else and Lee Baker ('71), who were to orchestrate the
flow of autos, spectators and balloons, and Jane and
Kevin O'Regan ('76) who scheduled musicians, singers
and dan.cers throughout the two-day event so that no
one became bored between races.
Other local alumni who contributed their talents to the
event were Doris and Jordan Paine ('47); Marie and
Noble Blackshear ('73); Mary and David Ogilvey ('72);
Mabel Erickson ('65); Ann and Gary Goodman ('71)
and Virginia and Tom McSpadden ('65).
A gala International Dinner and Auction was scheduled
for the evening prior to the races, and some extreme­ly
valuable items were made available to the highest
bidder.
Among those who donated articles of value (reported
Oct. 1), were Christof J. Scheiffele, Michael Bennis,
Dave Mayo, Philip R. Hanson, Leslie Spector, David
Long, Winnie Aquino, George R. Lindahl Jr., Terry
Thomas, Bruce Blankenship, David R. Schmeltz, Ger­ald
E. Rupp, Norman Baum, Ivan Berger-Grosz, Kurn
F. Kruger, Rolf F. Labhard, R. L. Rigney, George De­Bakey,
Einar Bergh, George R. Lindahl, Mike A. San­tellanes,
David B. Terrar, Clifford Bevens, William H.
Holtsnider, Robert Steinmetz, Taha Kassama, John R.
Timmel, David M. Sullivan and Gerald C. Mordret.
What is FOT?
Who is - what are - Friends of Thunderbird??? If
you've heard a little and wondered a lot, here come
the answers. Friends of Thunderbird is the school's
supportive group, composed of men and women, alums
and non-alums, young and old, residents of the Phoe­nix
area and far-away friends. All share an interna­tional
viewpoint and concern, and a belief that AGSIM
is a great, important place full of outstanding students.
Five years ago, Mavis Voris, dynamic blonde wife of
President William Voris, carefully picked a handful
of "doers" who were fans of the school to establish
the organization. Founding president was Mrs. Jordan
Paine, whose husband was in the first graduating
class in 1947. Working with her were Mrs. Eugene
Tompane, Mrs. Tom McSpadden, Mrs. Lee Baker, Mrs.
William Shields and Mrs. Russell Wright. With Mrs.
Voris as advisor, the group established a set of by­laws
and then plunged into project number one, which
was an airport pick-up of foreign students who ar­rived
at hours when there was no transportation to
the school.
Still concerned with the isolation of the students and
the campus, Friends of Thunderbird decided to make
new students feel more welcome by sponsoring an
open-house-which ended up at the Voris' home. Now
it's a tradition at the beginning of each semester for
new students to meet the President and Mrs. Voris,
Friends of Thunderbird, and each other, at an informal
gathering over beer and sangria and plates of goodies
made by FOT members. Students and FOT members
often strike it off particularly well, resulting in one ­part
of the home hospitality program. It's designed pri­marily
for foreign students but includes Americans as
well . It means an international student can view the
Phoenix area from the point of a resident somewhere
in the Valley and share that family's home life, hav­ing
friends in the community as well as being just a
student in it. FOT also works with ASLC to provide a
one-day bus tour of the greater Phoenix area at the
beginning of each semester for new students. FOT
is responsible, too, for the school's sign on 59th Ave.
and for a portable electronic podium.
At the end of its second year, FOT established a stu­dent
emergency loan fund that's for small, short-term,
no interest loans. Started with $500, it always has an
excellent record of money returned and a number of
grateful students have added a little to the fund as a
thank-you. With various donations, the fund now
stands at $1,200, with business as brisk as ever.
And of course the Thunderbird Invitational Balloon
Race! In 1975 the group decided the school needed
an endowed scholarship fund whose proceeds were
awarded strictly on the basis of need and future po­tential.
The group, under then-President Mrs. Eugene
Tompane, agreed to undertake a hot-air balloon race
to be held on the campus in early November. A wild
idea-a wilder weekend! Both the campus and the
community loved it! Steve Merrill served as Balloon­meister,
and Mrs. Jordan Paine as Chairman. The re­sult
was 19 balloons, about 3,000 visitors on the cam­pus,
and a profit of $1500. The word spread in a hurry
that this was a well-organized race, that the campus
was an interesting place, and that the whole event was
fun for the spectators who could eat at student booths
and be entertained by student talent as well as hot-air
balloons and their pilots. In 1976 the race had 32
balloons, about 10,000 spectators, and a profit of
$7000. With $8500 in the fund, the initial FOT award
was made in October to Yasumichi Aoki, of Japan.
ALUMNI ASSOCIATION NEWS
Chicago
Thanks to BOB BEAN '4S, Chicago T'Birds enjoyed the Chicago
Industry and Commerce Building as their setting for a cocktail
party, April 1, 1977. DIANE CONNELLY, Alumni and CHARLES
MANNEL, Placement, were present from the American Graduate
School.
Lo. Angeles Chapter
Alumni in L.A. Left to right: Pres. Bill Starkey, Doug Haydon,
Larry SchoeHer and Hank Hudson.
Quad City
TOM and MARY ZAPP, ('76) hosted a QUAD-CITY Thunderbird
party Sunday, August 7, in Davenport, Iowa.
Milwaukee
The MILWAUKEE area T-Birds gathered on August 6, 1977 for
a family picnic at J. W. Kohler - Terry Andre State Park.
Among those present were ROSS MILLER ('77), NANCY VAN­DENBURG
('76), JACK SCHALL ('76), BILL CRADDOCK ('76),
ERNIE KANGAS ('73), DAVE WEBER ('6S), PETER NOBLE ('6S),
DAVE DEMING ('74), RICK LOHMAN ('75), BILL RICHOUX
('77), WILLIAM BRININSTOOL ('74), MIKE KAVANAUGH ('72),
PAULA MESSER ('76), BARLOW WESTCOTT ('77) and BRUCE
NORTHRUP ('74).
13
The 1977 Balloon Race Weekend scheduled special
events for alums who'd found out this is the most
fun time to visit the old campus. Alums who'd like to
be a part of this active group that's an official part of
the school are welcome, wherever they live. Friends
of Thunderbird meets five times a year, usually pre­senting
a program of international interest, sometimes
on the campus, sometimes in different parts of the
greater Phoenix area. Between meetings a periodic
newsletter is sent out to the members, many of whom
are out of the area but are anxious to stay part of
the active group. Dues are $10 for single, $15 for a
family, $25 for an associate (all leisure, no work),
and $250 for life. Life membership monies are all
donations to the group's scholarship fund and are tax­deductible.
For information or membership, write
Friends of Thunderbird, Thunderbird Campus, Glen­dale,
Arizona 85306. (D.P')
Quad City Party
New Orleans
Thanks to ROD TAYLOR ('75), NEW ORLEANS alumni met in
the Plimsoli Club at the International Trade Mart on May 26.
KEITH and JULIE CROMLEY ('75) and LEN and DEMETRA
BROCKMAN ('75) hosted thirty, including local alumni and pros­pective
employers and students. Guests from the American Grad­uate
School were JOHN ARTHUR, Registrar and College Relations
Officer, STEVE BEAVER, Dean of Students and BILL KING,
Chairman of English as a Foreign Language.
The following were in attendance: JOHN ARTHUR ('57), LARRY
PERETZMAN ('76), STEVE STRAWN ('67), BRUCE MacKINNON
('70), JOHN CROOKS ('72), JACK RYDER ('5S), GREG DONNAN
('75), ROD TAYLOR ('75), KEITH CROMLEY ('75), BOB HINE
('75), DEMETRA BROCKMAN ('75), LEN BROCKMAN ('75), and
GLENN LITTLE ('75).
New York City
Wrote organizer MIKE CROTTY ('7<4) concerning the T-Bird gather­ing
on May 7 at the New York Athletic Club overlooking Central
Park, "It was a rousing success - about 100 attended. Since the
weather was beautiful we were able to extend the time from 3-S
p.m."
"Under the Clock" at the Biltmore Hotel was the meeting place
on October 30 for DIANE CONNELLY ('56), L. YVES COCKE
('60), GARY PACIFIC ('72), PAUL SIMONS ('70), KEMP JOHN­SON
('74), RICHARD L. SAINT-AMANT ('75), TONY SOUZA
('77), JAMES TUBRIDY ('76), PAOLO E. COLOMB I ('76), VIR­GINIA
SHER ('76), RON BORUM ('76), RON PERCIVAL ('74),
GORDON KALLIO ('74), JAMES McCARTER ('76) and BETH
BABICH ('77).
DENNIS FERGUSON ('73) aided by CHRIS GORSLINE ('76) se­cured
the Harvard Club facilities on September 7 where 45 alumni
enjoyed on excellent talk by professor JOAQUIN DUARTE on the
Signing of the new Panama Canol Treaty.
Northern California
Always popular BERGER ERICKSON, "Mr. T-Bird," brought out
more than 50 BAY AREA alumni to the San Francisco Press Club's
private dining room on May 24. Area planners met June 21 for
lunch.
14
ALUMNI ASSOCIATION NEWS
Portland, Oregon
PORTLAND alumni honored retiring president BARKER BATES
(' 51) and welcomed entering president LARRY LAMB ('69) at
dinner July 16. New Board members include CRAIG ADAMS ('72),
TONY MICHAELSON ('65), DON OGLE (611, STEVE ENGEL ('74)
and STEVE HALL ('68>'
Southern California
One hundred and forty SOUTHERN CALIFORNIANS drank and
ate at CASTANOLA'S June 18 and honored new graduates as
well as DIANE CONNELLY, Director of Alumni Relations. The
group steering committee includes (past-president) JEFF RUBY
('72), (president) BILL STARKEY ('72), DOUG HAYDON ('74)
(treasurer), LARRY SCHAEFFER ('60) (publicity and Thunderbird
Fund), HANK HUDSON ('76) (speakers' bureau), LLOYD STRAITS
('66) (placement), BARBARA RISTINE, PIERRE ZARCH ('70) and
GEORGE MARLIN ('76).
A September 10 family beach party at EL SEGUNDO BEACH at­tracted
75 alumni and their families. Thanks to DOUG for the fine
food, HANK for the tent, LARRY for the facilities, and JEFF
and BILL for general organizing efforts.
OTHER COUNTRIES
Costa Rica
Reports BETTY DAHLSTROM, (JAMES, '58) of the March 9 picn ic
in the Dahlstrom's garden, " MIKE SANTELLANES ('60) did the
honors at the barbeque - don't think we could do without him."
CAMPUS VISITORS
Visito" Firm Location
LeRoy Anderson (J61) _____ .E. F. Brady Co. _______________ California
Winnie Aquino (A73) ___ Astrotrade Philippines Inc._ Ph ilippines
Robert S. Ballantyne (J70L __ --- _____________________________ Vermont
T. Michael Bartley (M77L __ --- _________________________________ Texas
Janet Wright Bass (A74L __ --- _______________________ California
Ron Belczyic (D72) ___________ Industrial Liaison ______________ California
Tom Bolmgren (A73) _______ .Bank of America ___________ Denmark
Ph il Cavanagh (J58) ________ Texaco IntI. ___________________ England
Dave & Mary Clough (J64) USMC _______________________________ California
Juhn S. Cole (J61) ________ G. D. Searle ____________________ Japan
Keith L. Cromley (D75) __ -Strachan Shipping ____________ Louisiana
Michael Curtiss (D75) _______ Arizona Bank ____________________ Arizona
Mark E. Daniel (J69) ______ Brown & Root __________________ Arizona
Lundy Deming (M74) ________ Deming Motors _________________ Michigan
Paul Donnelly (J67) __________ Rendimax-BND ________________ Venezuela
Jonathon J . Erb (M72) __ Clorox Co. _____________________ California
Gerard Mordret (M70) ________ Firestone IntI. ________________ Mauritania
Eugene A. Gillis ______________ Retired ______________________ Wisconsin
Don Groves (F49) ____________ Natl. Academy of Sc i. ___ Washington
Tom Hakim (M77) __________ Owens-Illinois _________________________ Ohio
Linda Hans (D72) _________ .G. D. Searle ________________________ lIlinois
James E. Hansen (A73) ____ Citizen's Fid. Bk & Trust. _ .Kentucky
Kirt S. Hart (J64) _____________ .Bomag Div. of Koehring Co. ____ Calif.
Lee Hendricks (J68) ___________ --- ______________________ .Arizona
L. Robert Hood (A76) ________ Vermont Business World ____ Vermont
Charles V. Huffman (A74) Girard Bank ________________ Pennsylvania
William Jasper (J69) _________ -Self-Employed ___________________ California
Bill Johnson (J60l ___________ . Powerine Oil Co. _____________ California
Robert H. Kent (M76) _______ Bekins IntI. _____________________ California
Perry P. King (A72) ____________ --- ____________________________ Colorado
Kenneth H. Kline (M7]) ___ Liberty House ___________ . ______ California
Gunter H. Kohlke (M73) ___ Air Operations IntI. ____________ . Bahrain
Michael Kolb (M74) _________ First Wisc. Natl. Bank ____ Wisconsin
Chris Larsen, Jr. (J65) ______ .Carter Wallace IntI. _____ New York
Maximo C. Lou (072) ______ Technoserve, Inc. _________ EI Salvador
Fred & Mary Leisering (J47l.Sears Roebuck de Colombia Colombia
Harry Lewis (J47) _____ Retired _______________ Texas
George Makoge (D76) ________ Pan African Gifts ______________ California
Vincent Malloy (M74) _____ .AVCO _____________________ .Saudi Arabia
Mike Manion (A77) ______ . Self-employed _____________ COlifornia
Tom Mansfield (J70) _______ .American Hospital Supply _ Mexico
Mary McCaw (M76) ____ . IU Low School ______________ Indiana
Grant E. McDonald U67l. __ Std. Chartered Bk, L TD _______ lIlinois
Shoun Mcintosh (A74) ____ Polysar Limited ____________ Michigan
Andries W. Mellema (A74) Firestone IntI. _______________ Portugal
Paulo Messer (M76) ________ Quaker Oats Co. ___________________ lIl inois
Mac Messinger (M72) ______ American Express ________ Germany
Madrid
MADRID Thunderbirds enjoyed cocktails with MIKE and ROBERTA
BENNIS.
Mexico City
MEXICO CITY alumni are meeting regularly and planning a
chapter contribution to the Thunderbird Fund, reports CRAIG
DUDLEY (,58l.
Singapore and Hong Kong
SINGAPORE alumni STEVE and MAGIE HEINER '62, enjoyed
visiting with Mr. and Mrs. Leon (Connie) Estes August 19th at the
Hilton.
In HONG KONG, LEON and CONNIE ESTES met with alumni TOM
SHEEHAN '61, HORACE BOWMAN '61, JAMES SWEENEY '61
and TERRY O'MALLEY '69, for cocktails.
HONG KONG alumni also entertained professor JOHN LIND­HOLTZ
while he was there.
Thailand
Twenty-three Thunderbirds, including wives, met in June at the
home of CLIFF BEVENS ('50) for a pot-luck Italian dinner. Enter­tainment
was focused on slides and pictures of Thunderbird days,
brought by various alumni.
Mike Montgomery (67) ____ _ ___________________________ .Arizona
Bob Morris (M76) ____________ .Amerace ________________________ New Jersey
Jean E. Myers _________________ Retired ______________________________ Canada
G. Kelly O'Dea (D72) ________ Ogilvy & Mather _______________ New York
C. Olsen (D73) ________________ Chemical Bonk ________________ New Jersey
Jose L. Ortego (M76) _______ Caterpillar Co. _________________ lIlinois
Brian M. Payne (A75) _______ Color Tile ___________________________ Arizona
Curt Piper (A74) ___________ Fletcher Oil __________________ COlifornia
Dole Prentice (D75) _________ .Com. Credit Bus. Loons ___ California
Hal Reid (M711 ________________ L.H . IntI. Development _____ .California
Luis Sarrosa (M76) __________ Phoenix Philippines Inc. ______ Arizona
Jay Savage, Jr. (D75) _______ FMC Corp. __________________ Philippines
George Schaefer (J 50) ________ --- _______________________________ Arizona
Dick Schiendler (F67) _____ Manufacturers Life Ins. ___ California
Jim Scott (J67) _________________ .Johonsen Royal Tours. __ Washington
Robert Skidmore (W77) ____ oW. H. Brady _____________________ COlifornia
Malcolm Sioon (J70) ____ .Acme Visible Records _______ Arizona
Edwin D. Smith (J59) ________ Wise Chemical ___________ Pennsylvania
Wendell Sparks (D73) _______ IntI. Cultural Exchange _____ Arizono
Don Stranik (70) _________ Continental Grain Co. ____ California
Jack D. Taylor (M711 ________ Diversey LTD ________ United Kingdom
Dave Trott (A74) _________ Harris Data Communications ___ Texas
Frank Wadliegh (J49) ________ --- ____ . ______________________ Arizona
Peter W. Wefel (D75) ______ Chase Manhattan Bonk ___ New York
Dwight Winkler (074) ____ Harris Corporation _____________ -'lIinois
R. F. Zepeda, Jr. (D72) _____ .First City Natl. Bank
of Houston ______________ Texas
15
RESOURCE PERSONS ALUMNI ASSOCIATION
If you are visiting, job-hunting, moving or new to their area, the T-Birds marked "RP" will help you. If you'd like
information about alumni meetings and activities in their area, the T-Birds marked "AA" will advise you of times
and places. Let me know if you'd like to add your name to this distinguished list of AGSIM alumni who are proudly
serving their School and other distinguished alumni world-wide.
ARIZONA COLORADO (Peorio> MINNESOTA
Noble Blackshear (AA) Mimi Nettrour (RP, AA) David Traff (RP, AA) Mary McMunn (RP, AA)
c/o Arizona Bonk c/o Merrill, Lynch, Pierce, 1811 Kingsway, #F5 1671 Juliet Ave. So.
101 N. First Ave. Fenner & Smith Peoria, IL 61614 St. Paul, MN 55105
Phoenix, AZ 85003 1660 Lincoln 30th PI. tel: (309) 692-2413
tel: (602) 262-2000 Denver, CO 80264
Ken Nelson (RP, AA)
tel : (303) 759-5314 NEVADA
INDIANA
6720 N. 18th PI. Ted Strickler (RP, AA)
Phoenix, AZ 85016 FLORIDA Mark Dannenberg (RP) American Mortgage &
tel : (602) 265-2033 Robert Michaud (RP) 3025 Georgeton Rd. Investment Co.
Ed Noonan (RP, AA) 188 St. George Rd. West Lafayette, IN 47906 Suite 203, Park Sahara Ote. Mall
777 E. Camelback #202 Melbourne Beach, FL 32901 tel : (317) 463-5128 1810 E. Sahara Avenue
Phoenix, AZ 85016 Debbie Smith (RP) Robin Hess (RP) Las Vegas, NV 89104
tel: (602) 279·2221 (0) 1625 Centerville Rd. #41 242 Monterey Ave. tel : (702) 733-2075
Barbara Stewart (RP, AA) Tallahassee, FL 32303 Terre Haute, IN 47806
tel: (812) 234-3376
6529 W. Glendale Ave. NEW YORK AREA
Apt. J GEORGIA Michael Ribolla (AA)
Glendale, AZ 85301
Perry Ball (RP, AA)
3220 E. Jackson Blvd. Robert Ballinger (RP)
Elkhart, IN 46514 Asst. Prof., Business Division
c/o Citizens & Southern Natl. Bk. tel : (219) 294-2967 Siena College
CALIFORNIA (Northern)
35 Broad NW Loudenville, NY 12211
Atlonta, GA 30303 tel : (518) 783-2300
Gary Michael (RP, AA) KANSAS
1776 Monroe, Apt. H-5 Jim & Chris Gorsline (AA) HAWAII Walt Atkinson (RP) 135 Liberty St. Santa Clara, CA 95050
tel: (408) 296-0982 (H) Harry Fanning (RP, AA) 8800 E. Harry, #403 Lodi, NJ 07644
tel : (415) 783-0878 (0) 44-208 Malae Place Wichita, KS 67207 tel: (201) 472-0907
Kaneohe, HI 96744 tel: (316) 685-6858
Roland J . Willits (AA) tel: (808) 254-1221 Gerald Kangas (RP)
300 Anzovista George Hiller (RP) c/ o Citibank N.A.
San Francisco, CA 94115 Gory Miller (RP) 6732 W. 74th St. IBG Div. 1 Tube 57
c/ o Carrigan, Hoffman & Assoc. Overlane Park, KS 66204 399 Park Avenue
The Hawaii Building tel : (913) 722-2927 New York, NY 10022
(Fresno) 745 Fort St., Suite 2108
Honolulu, HI 96813 Robert Morris (RP, AA)
Roland E. Garcia (RP) tel: (808) 524-5336 LOUISIANA 5 Bedford Ave.
4325 W. Show #B Massapequi, NY 11758
Fresno, CA 93711 Keith Cromley (RP, AA) tel: (516) 799-6253
tel: (209) 442-8100 ILLINOIS 1217 Royal
New Orleans, LA 701 16 William Neumann (RP)
(Chicago) tel: (504) 524-9834 169 Charlton Ave.
South Orange, NJ 07079
CALIFORNIA (Southern) Hector Holland (RP, AA)
c/o Chemetron Corp. MARYLAND Peter Nicholson (RP)
Jim Dole (AA) Maile, IL 61265 15JonesSt.,Apt. I-A
c/o Charlotte Dole tel: (312) 563-2271 Bruce Wallace (RP) New York, NY 10011
3131 W. Pacific Coast Hwy. Bob Johnson (RP) Box 155, RFD # 1 tel: (212) 675-1056
Newport Beach, CA 92660 RE Johnson IntI. Assoc . Hydes, MD 21 082 tel: (301) 592-2811 Carlos Orchard (RP)
Roy Daugherty (RP) 1795 Taft Ave. NOSAMCO Services Inc.
626 Wilshire Blvd., Suite 816 Rolling Meadows, IL 60008 60 E. 42nd St.
Los Angeles, CA 90017 tel: (312) 358·6464 MASSACHUSETTS Lincoln Bldg.
Chuck Murphy (RP·) Paula Messer (RP) Phillippe Deymes (RP, AA)
New York, NY 10036
Calif. Wilshire Towers # 121 0 1813 Hemlock PI. #210 Morgan Manor
tel: (212) 697-6485
3460 W. 7th St. Schaumburg, IL 60172 # 50A Starwood Dr. Gary Pacific (RP)
Los Angeles, CA 90005 Randy Miller (AA) Lenox, MA 01240 c/o Crane Company
Jeff Ruby (AA) 3150 N. Sheridan # 13D tel: (413) 637-2811 300 Park Ave.
Chicago, IL 60657 New York, NY 10022
23016 Haddock Dr. tel: (312) 327-1153 Simon & Katrina Solomon (RP) tel: (800) 525-5666
Diamond Bar, CA 91765 85 E. India Row, Suite 21 E
tel. (714) 595-9943 (H) Judy Purze Boston, MA 021 1 0 John Sandor (RP, AN
tel : (213) 330-0666 (0) c/ o Britt & Frerichs Inc. c/o Philip Morris, Inc.
W. Lawrence Schaeffer (RP, AA)
Wrigley Building
MICHIGAN 100 Park Ave.
410 N. Michigan Ave. New York, NY 10010
770 W. Imperial Ave., Apt. 30 Chicago, IL 60611 Dallas Dawson (RP) tel: (212) 679-1800
EI Segundo, CA 90245 tel: (312) 222-1330 American Motors Corp. tel: (213) 322-0935
Jesse Wilson (AA) 27777 Franklin Rd.
c/o Thomas H. Miner & Assoc. Southfield, MI 48076
135 S. LaSalle St. tel: (313) 827-1000 (Rochester)
(San Diego) Chicago, IL 60657
Craig A. Starkey (RP, AA) tel : (312) 236-8745 Gloria Trierweiler (RP, AA) R. Wayne Walvoord (RP)
Campbell-Ewald, IntI. Advertising c/o Security Trust Co. (IntI. Dept,)
Box 1122 Cynthia Young (RP) 3044 W. Grand Blvd. One East Ave.
Rancho Sante Fe, CA 92067 535 N. Michigan Detroit, MI 48202 Rochester, NY 14638
tel : (714) 756-2692 Chicago, I L 6061 1 tel: (313) 872·6000 tel: (71 6) 262-31 00
16
NORTH CAROLINA
John Phi lIips (RP)
Coordinotor European Division
PCA Inti.
801 Crestdale Ave.
Matthews, NC 28105
Tom Wong (RP, AA)
clo N.C. National Bank
P.O. Box 120
Chorlotte, NC 28255
tel: (704) 374-8156
NORTH DAKOTA
Dennis Smith (RP)
Clork Equipment
Melrose Division
1 12 N. University Drive
Fargo, N D 58102
tel: (701) 293-3220
OHIO
John Blaine (RP)
6710 Somerset Drive
Brecksville, OH 44141
Harry Cockrell (RP)
c/o Ridge Tool Co.
400 Clork Street
Elyria, OH 44035
tel: (216) 323-5581
Mike Groeneveld (RP)
clo Ridge Tool Co.
400 Clark St.
Elyria, OH 44035
tel: (216) 323-5581
Arif Hofiz (RP, AA)
c/o Ridge Tool Co.
400 Clark Street
Elyria, OH 44035
tel: (216) 324·3556
Steve Mahood (RP)
31 Stewart Court
Oberlin, OH 44074
tel: (216) 775-0528
Allan Welch (RP)
14914 Lake Avenue
Cleveland, OH 44107
tel: (216) 228-5194
OREGON
D. Barker Bates (RP, AA)
1926 Olympia Way
Longview, WA 98632
tel: (206) 636-1768
Maurce B. McCullough (RP)
3418 SE Carlton
Portland, OR 97202
tel: (503) 281-9904
PENNSYLVANIA
Robert August (RP)
309-G Indian Creek Apts.
1219 W. Wynnewood Rd.
Wynnewood, PA 19096
Mike Loudon (RP)
FMC Corp. Agricultural
Chemical Div.
2000 Market Street
Philadelphia, PA 19103
tel: (215) 299-6000
Emmanuel Nsien (RP)
7805 Buist Ave.
Philadelphia, PA 19153
tel: (215) 492-9338
Joy Sovage (AA)
1700 Ben Franklin Pkway # 11 06
Phi ladelphia, Po 19103
tel: (215) 569-2460
Donald Stanek (RP)
2862 Washington St.
Easton, PA 18042
tel: (20ll 859-2151
tel: (215) 252-213ll
TEXAS
(Dallas)
Houston Briggs (RP)
3519 Bremen
Dallas, TX 75206
tel: (214) 821-5494
Hans Jany (AA)
28091 Rosedale
Dallas, TX 75205
Luis Molinar (RP)
clo Bell Helicopter
1901 Central Dr.
Bedford, TX 76021
tel: (817) 267-8161
Marcia Shelton
4506 Albott #9
Dallas, TX 75205
Dave Trott (RP, AA)
6073 Village Glen Dr. #4228
Dollas, TX 75206
tel: (214) 691-5857
(Houston)
Kris W. Anderson (RP, AA)
5314 Wending Way
Houston, TX 77091
tel: (713) 681-6596
Earl V. Dragics (RP)
10162 Haddington
Houston, TX 77043
tel: (713) 464·9768
WASHINGTON
(Seattle)
Barton L. Hartzell (RP, AA)
6322 126th Avenue S.E.
Bellevue, WA 98006
tel: (206) 641-2796
Chuck Hazen, Jr. (RP, AA)
17810 184th N.E.
Woodinville, WA 98072
tel: (206) 583-3131
Haven Stewart (RP)
12537 7th Ave. N.W.
Seattle, WA 98177
WASHINGTON D.C. AREA
Jim Benson (RP)
5228 N. 32nd St.
Arlington, VA 22207
tel: (703) 536-4152
George DeBakey (RP)
c/o Rockwell IntI.
Crystal Sq., Building 4
Suite 1200
1745 Jefferson Davis Highway
Arlington, VA 22202
George Salvatierra (RP)
1204 Portner Rd.
Alexandria, VA 22314
tel: (202) 275-5889
tel : (703) 548-4117 (H)
Paul & Chris Tveit (AA)
6800 Fleetwood Rd., Suite 915
McLean, VA 22101
tel: (703) 356-0737
John Votta (RP)
Rt. 6, Box 577
Fredericksburg, VA 22401
tel: (703) 752-2409
WISCONSIN
(Milwaukee)
Ernest Kangas, (RP, AA)
208 Oakland Ave.
Waukesha, WI 53186
tel: (414) 224-0240
tel: (414) 549-0942
OTHER COUNTRIES
AFRICA
Bill Vaught (RP)
c/o Nordex Joint Venture
Private Bag 2018
Krantzberg Mines
Omaruru, S.W. Africa
ARGENTINA
Patricio Seidel (RP)
Ituzaingo 638
San Isidro-Prov.
Buenos Aires, Argentina
tel : 743-5801
AUSTRALIA
John C. Gillett (RP)
10 Canrobert St.
Mosman N. S.W. 2088
Australia
tel: 969-4823
Christopher Kroos (RP)
c/o Chrysler Australia Ltd.
Box 1851 GPO
Adelaide 5001, Australia
Dave Wallace (RP, AA)
No. 17 Brisbane Ave.
East Lindfield
N.S.w.2070
Australia
BAHAMAS
Suzanne J. Black (RP, AA)
Allied Bank International
P.O. Box N-3944
Nassau, Bahamas
George W. Cevallas·Bowen (RP)
P.O. Box N-3229
Deltec Banking Corp. LTD.
Nassau, Bahamas
tel. (809) 322-8730
BELGIUM
Rodney Taylor (RP, AA)
Avenue Louise 418
1050 Brussels, Belgium
tel: (02) 40-11-16
BOLIVIA
John P. Kluever (RP)
clo IBM de Bolivia S.A.
Casillo 1061
La Paz, Bolivia
BRAZIL
(Recife)
Noel Land (RP)
Av. Boa Viegem 3906
Recife, Pernambuco Apt. 301
(Rio de Janeiro)
Roberto Bumagny (Paula) (RP, AA)
Rua Prof. Artur Ramos,
151 Apt. 301
Rio de Janeiro 20.000 Brazil
Ernie Escobedo (RP, AA)
Bethlehem Brazilian Corp.
Avienda Churchill 129,
Suite 402
Rio de Janeiro, Brazil
tel: 242-3885 or 222-9540
Cable: "Bethlehem"
Ria de Janeiro
Dolph Johnson (RP)
Rua Baraa de Guaratiba 218/303
Gloria ZX-O 1
Rio de Janeiro, 20.000 Brazil
Aloysia Vasconcellos (RP, AA)
Caixa Postal 64022-26-07
Leme-Rio de Janeiro, Brazil
(Sao Paulo)
Dennis J. Orio (AA)
Rua Itambe 96, Apto. 151
01239 Sao Paulo, Brazil ESP
BRITISH WEST INDIES
George E. Grimmett (RP)
Global Profits LTD.
P.O. Box 1579 Grand Cayman
Cayman Islands
British W. Indies
tel: 9-2210 (60)
CANADA
Satjiv Chahil (RP, AA)
Hampton # 1 708
322 Eglinton Ave. East
Toronto Ontario M4Pl L6
Canada
Norman Mcintosh (RP)
1375 Prince of Wales Dr.,
Apt. 1812
Ottowa, OntariO, Canada K2C 3L5
CHILE
Max Krauss (RP)
c/o Hucke Industrias
Alimenticias S.A.C.
Calle Freire 321
Valparaiso, Chile
COLOMBIA
Gabriel E. Cuellar (RP, AA)
Apartado Aereo 90877
Bogota, Colombia
Luis I. Mejia-Maya (RP)
Calle 17 #4-68, Apt. 1704
Bogota, Colombia
17
COSTA RICA GUAM MANAMA BAHRAIN- SAUDI ARABIA
Jim Dahlstrom (RP, AA) Sanford Stone (M) ARABIAN GULF
Philip C. Blaisdell (RP, AA)
c / o Super Sercicio c / o Internal Revenue Service Gunter H. Kahlke (RP) Saudi Ind. Development Fund
Apartada 992 P.O. Box 3645 AWALCO P.O. Box 4143 Riyadh
Son Jose, Costo Rico Agana, Guam 96910 P. O. Box 741 Saudi Arabia
tel : 22-55·44 GUATEMALA
Manama, Bahrain tel: 33710
James Stanley (RP, AA)
Aportado 3475 Ethan Book (RP, AA) MEXICO
San Jose, Costa Rica c/o Bank of America
Guatemala City Victar Alfaro (M)
Aguascalientes SINGAPORE
DOMINICAN REPUBLIC HONG KONG 7 vis - # 1
Kent Densley (RP.J
Sherry Dolores Greaves (RP) Allan S. Cheng (RP, AA) Mexico City, 7, D.F. Mexico
c/o Industrial Notional Bonk
CARE-Daminicana c/o Meyer Mfg. Co. Ltd. Patrick T. McLoughlin (RP, M) Suite 1007
Apartada 1411 330 Kwan Tong Rood c/o Limonex S.A. 4 Shenton Way
Santo Domingo, Hong Kong Genova 33-PH Singapore 1
Dominican Republic Bill Tak-Ming Ling (RP, AA)
Colonia Juarez tel: 2219888
Mexico 6, D.F. Mexico
George Weismiller (RP) c/o Ling·Mc Conn-Erickson Ltd.
Craig Dudley (AA) Stephen G. Heiner (RP, AA)
Apartado 1411 Watson's Estate C-l North Point c / o Gulf Trading & Transport
Santo Domingo, Hong Kong Rio Rhin #77, Penthouse Ming Court Hotel
Dominican Republic C. Gregg Wadas (RP, AA)
Mexico 5, D.F. Mexico P.O. Box 641
Trade Media Ltd. Singapore
EL SALVADOR P.O. Box K-1786 MOROCCO
John R. Arnold (RP, M) Kowloon Central P.O. Ben M'Hamed Amraoui (RP) Bill Wagner
Hong Kong B.C.C. 267 Boulevard Mohamed V 1978 Goldhill Centre
Arnold Enterprises Thomson Rd.
Box 1111 INDIA Casablanca, Morocco Singapore 2
Son Salvador, EI Salvador
J im Koessler (AA)
Y. G. Dwarkanath (RP, M) NETHERLANDS Chin Wah Ying (RP)
SRI Krishna SPG & WVG Mills 58 Hillcrest Rd . c/o Arguenta Koessler Subramanyapura Bill Syms (RP, AA) Singapore 2 SA de C.Y. Bangalore 11, Indio Postbuss 134 tel : 664868 Paseo General Escalon 4828 Koog a / d Zaan
Son Salvador, EI Salvador INDONESIA The Netherlands
tel: 23-9000 Daniel J. Goldsmith (RP, M)
P.T. Prodenta NETHERLANDS ANTILLES SPAIN ENGLAND P.O. Box 41 O/ KBY
Jock Taylor (RP, AA) Selatan, Indonesia Ian D. Compbell (RP, AA)
Blouwduifweg 8 C. Michael Bennis (RP, AA)
Diversey LTD Bo Lower (RP, AA) Curacao, Netherlands Antilles Claudio Coello 92, 4·F
Weston Favell Centre Morine Milond Bank Madrid 6, Spain
Northomptonshire NN3-4PD P.O. Box 2680/JKT NIGERIA United Kingdom Jakarto, Indonesio
tel: Towcester '50823 Christina Don-Pedro (RP)
IRAN 23, Ademola St., S/W
Nersi Sohba (RP, AA) Ikoyi, Lagos, Nigeria THAILAND
FRANCE
Poscol Cornille (RP, M)
Karin Khan Zand Blvd. Norm Baum (RP)
70 Rue Du Point Du Jour
Behjat Abad Apts. NORWAY House of Siam, Ltd.
92.100 Boulogne, Seine, France Block #8 #24-C Knud Merckoll (RP) 8 Sathorn Nua
Tehran, Iron Colbjorwsewsgy 13 Bangkok 5, Thailand
Peter Cover (M) KENYA Olso 2, Norwoy
2 Rue Andre-Pascol tel: 44-35-81 Cliff Bevens (RP, AA)
75775 Paris Jim Walton (RP, AA)
Jan Strangel (RP)
c/o Goodyear Int'l Corp.
CEDEX 16, France c/o Koehring Int. Sirinee Building
Nairobi, Kenya Scandinavian Activities a .s. 518 / 4 Ploenchit Rd.
P.O. Box 111 Bangkok, Thailand GERMANY H- 1233 HASLUM KOREA tel: 252-6141
Alfred C. Hamburg Norway
Bormerstr 33 Jung-Boe Kim (RP) Libby Ginnetti (M)
Dusseldorf, Germany Asia Cement Mfg. Co. Ltd. PARAGUAY c/ o Americon Int'l Assurance
Manfred " Lo" Locher (RP, AA) 7th Floor Doe Hoh Bldg. John Zovala (RP) 181 Suriwongse Rd.
Kirchplatz 6
75, Seosomoon Dong,
Mcol. Lopez 1532 Bangkok, Thailand
Postfoch 045
Chung-Ku, Seoul, Koreo
Asuncion, Paraguay tel : 234-9130
7932 Munderkinger Donau, Joe Suk Lee (RP, AA)
Germany c/o Korea Development Bonk Thermchai Ph inyawatana (RP) PERU 23 Sukhumuit Rood Soi 13 tel: 07393-22 .25 C.P.O. Box 28
Seoul, Korea Hector Cespedes Bravo (RP, AA) Bangkok, Thailand
Roy de Motte (RP, AA) Constitucion 292
Feldner Internatinale KUWAIT Callao, Limo, Peru
Transport GMBH
Miederlassung Riad Marei (RP, AA) Robert S. Murray
Moglingen bein Stuttgart c / o Y. Alghanim & Son Catholic Relief Services VENEZUELA
Daimlerstrosse 58, Germany P.O. Box 223 Apartado 308
Axel Mees
Kuwait Limo, Peru Gregory Buchaj
Wallrafstr, 7 c/o Chrysler de Venezuela LESOTHO PUERTO RICO Apartado 770 D·4040 Neuss Valencia, Venezuela West Germany Mary Corney (RP) Bob & Gloria Shuman (AA)
tel: 0211-80161 (0) P.O. Box MS 682 c / o Robert Shumon & Associates Indrid Podbewchek (AA) 02101 -80689 (H) Maseru, Lesotho Box 1393 c / o IBM de Venezuela
GREECE LIBERIA
Hato Rey, Puerto Rico Dpto. De Tesoreria, Apto. 388
John F. Tomlinson (RP, AA) Caracas, Venezuela
Denis Gavanas (RP) Morvin G. Dole Caribbean Properties Ltd.
Sanavag Assoc. GP liberia Tractor Co. 1 71 De Parque Susy Sagy (RP, AA)
P.O. Box 1622, Syntagma Sq. P.O. Box 299 San Juan 00911, Puerto Rico Apartado 50817
Athens 126, Greece Monrovia, Liberia tel: 725-7365 Caracas 105, Venezuela
18
CLASS NEWS
Marriages
KEVIN M. McLINDEN 77 and Christine Doone in Bartlett,
Illinois .. .. STEVE RAFFERTY '77 and Beverly Traynor in Cin-cinnati.
. .. GEORGE DAVIS CROFTS '76 and BARBARA ACKLEY
76, in Portland, Oregon . . . . JOHN ROSS POPE 70 and Maria
Elena Hernandez Kerfoot, Sao Paulo, Brazil. . . . VICTOR and
LAURA HILLOCK 71, Mexico City . . .. DAVID TULL and Sandra
Julie Harvey, Tennessee . .. . BYRON and ELLEN COELHO '7S,
Rio de Janeiro .. . . KNEAL HOLLANDER '75 and Janet Louise
Kiehn in Arcadia, CA.
Deaths
SCOTT K. BRUNE, 77 ALLAN K. JENNINGS '72 .
WILLIAM PRENDERGAST '68 . .. CARLO TOMMASI '7S .
WILLIAM A. MILLER '48.
Births
BOYS
THERMCHAI and TANG PHI NYAWATANA, ('76), Win, in Bang
kok, Thailand .. .. BILL and GERRY SYMS, ('74), William Joseph,
IV, Amsterdam ... . LARRY and TINA LOTSPEICH, ('76), Erik
Raymond, in Redondo Beach, CA. ... LINDA and ROBERT
SLATER, ('77), Steven Robert, in Louisville, KY.
GIRLS
BILL and TEDDIE DODGE, (' 69), Catherine Brown, Honolulu, HI.
... SHIRAZ and YASMIN PEERA, (71), Chalina, Scottsdsale,
AZ . . .. BILL and KATHY FUNK, (71 ), Camilla, Singapore . . ..
GARY and CANDI DRIMMER, ('74), Jenny Rebecca Martha, Van-couver
.... BARBARA and STEVE HATCH, (74), in Sycamore,
IL. . .. BUD and LIZ STERRET, III, ('72), Sarah Elizabeth,
Granada Hills, CA.
ADDRESS UNKNOWN
Charles A. Bier (J48)
Clinton L. Bagley (J48)
John D. Stewart (FSO)
Donald E. Wakeman (FSo)
Bruce Malcolm Caldwell (JS2)
Billie Eagan (JS2)
George Will iam Tregea (JSS)
Theobald H. Diehl (JS6)
Bruce S. Kershner (JS8)
James W. Hitchcock (JS8)
James S. Kilgore (JS9)
Edward G. Hubbard (JS9)
Charles H. Brassard (J60)
James D. Van Winkle (J60)
Peter E. Blanchard (J62)
Ronald L. O'Rourke (J62)
Jeremy Foster (F6S)
Mark E. Fairbanks (J6S)
John W. Greenough (F66)
William J. Mustard (F66)
Jan S. Kraemer (J66)
Jean-Claude Mousseux (F67)
Ralph E. Bailey (J67)
John C. Ryan (J67)
James W. Durst (J68)
Hubertus Sarrazin (J68)
Jeffrey F. Ruzicka (F70)
Samuel Nee (J70)
Terry Jo Alter (D70)
Ted O. Mullen (M71)
Charles J . Dowds (072)
James B. Andres (A73)
Jana Simon (A73)
Carl L. Bach (A74)
McKay C. Brown (A74)
John F. Kenny (D74)
Michael J. Hupka (D74)
Fernando Bellido (M75)
Jennifer E. Ringer (A7S)
Christopher P. H. Rosier (A7S)
Daniel J. Glenney (W76)
Bruce H. Atterbury (M76)
Michael L. Hagerty (M76)
Terry J . Sorgi (A76)
Michael Theresa McGrath (D76)
Stephen M. Bissell (M77)
47 Neil Davis served as Homecoming Chairman for the
classes of the 40's during Balloon Race weekend, No­vember
12-13 .... Charles Edmiston made his Founders'
Club contribution as a memorial to his wife Amy, who was in
charge of the nursery while he was a student here.
48
52
57
Benjamin Watters, the original editor of the "T-Bird
News," is in Burnsville, MN.
Werner A. Jung, working for Coopers and Lybrand as
director of taxation in Caracas, was recently back in the
States vacationing in Salt Lake City and in Germany on
business.
B. Theodore Troy is president of Burlington Export Co.,
in New York
59 John Varri is the finance director for Chrysler de Vene­zuela,
S.A. ... Bart Hartzell writes that he has recently
transferred to Boeing Commercial Airplane Co. Manu­factru
ing Research and Development from Boeing Marine Systems.
John R. Bogert and wife, are presently residing in Phoenix. John is
president of Arizona Desert Minerals Company, Inc.
60 Philip Morris International has placed Robert G. Heine­mann
in its Miami-based Latin American operations
department.
61 Leroy Anderson is manager of E. F. Brady Co., a con­struction
sub'contracting firm in San Diego . . .. In Tokyo
for four years now, Leighton A. Willgeront is Far East
sales manager for Hercules Inc . ... Eugene H. Miller has left Car­nation
to become associate director of institutional development
and economic affairs service at the Center for Agricultural and
Rural Development, in Fort Collins, Colorado.
62 Stephen G. Heiner has been appointed assistant area
manager, crude oil sales and acquisitions, for Gulf Oil
Co.-Sauth Asia in Singapore .... Corlos E. Cortel
edited a SS volume book series, The Chicano Heritage .... John A.
Florida writes of his new assignment as president and general
manager of Walter Thompson de Mexico, S.A. . . . Gerald M.
Frumess is now creative supervisor for the First Marketing Group
in Houston .. . . E. Leon Anderson writes, " I am now dipping pan­cakes
at my franchise in Pusan, Korea ." .. . Stephen Myracle has
moved to Guam .... Clarence H. Yahn, Jr. received a promotion
to vice president and general manager of Mexican operations for
Northern Electric Co., a division of Sunbeam . .. . From Modesto,
California, Charles E. Niemann writes that "after f ifteen years
with CARE overseas, my family and I have decided that it was
time to return to America .. . I have joined the firm of J. Oldani
and Assoc iates of Modesto, a business consulting firm ... "
63 David M. Sullivan is resident director of Union Carbide
Middle East Ltd., in Cairo. . .. John A. Meltzer is a
gold and silver trader/broker with ACLI Metal and Ore
Co . . . . Marshall Lou Carson has received a doctorate from UCLA,
main area of study, Simulation and Response Therapy . ... John
R. Huminski writes "after 14 years in international sales I am
now gOing to get a taste of domestic sales as assistant district
manager of the Philadelphia office ."
Donald I. Reid '67
67 Byron P. Johnson is moving to Paris as general manager
of consumer products for Loctite Europe S.A.R.L. . . .
John Dunmor is vice president and account supervisor
with Scott Paper Co. . . . John Robert Tyan is senior employee
relations spec ialist, R & C Division, Indonesia, for Bechtel Corpor­ation
.... Theodore A. Gurzynaki is vice president of Heritage
Bank of Milwaukee ... . Jose and Nicole Polis wauld like to con­tact
T-Birds in Belg ium to organize alumni meetings .... Donald
B. Reid has been promoted by Bank of America NT & SA from
account officer to vice president of its New York corporate services
office ... . Dennis Eugene Harman is vice president of the inter­national
division of Economics Laboratory in Honolulu .... Stein
Owre is manager of international marketing for Speidel in Provid­ence,
Rhode Island .... H. N. Hal Tune moved to Greece where
he is the regional marketing manager for the Middle East with
Textron Trading, Inc .... D. B. McCracken is transferring from
Italy to Iran with ARMCO International Corporation.
68 George Kellerman is with Dean Witter in Hawaii. ...
Vitalius J. Grudzinskas has been named sales manager
for Latin America and the Caribbean at Pitney Ba¥'es
Ivan Berger G. is group brand manager with EI Progreso Co., sub­sidiary
of R. J. Reynolds in Quito, and is also teaching marketing
at the Central University of Ecuador .. .. A. Wagner has joined
WABCO Trade Co. as area manager based in Singapore .. ..
George E. Grimmett went to Japan in October as port of the
Florida delegation of the US/Japanese South East Association ....
Working as project expediting supervisor for the procurement de­portment
of Bechtel Corporation in Edmonton is James Andrew
Montgomery . ... Dick and Fran Weden are in Singapore, where
Dick is working for American Express International, Inc .... The
World Trade Paper Corporation has recently acquired a new export
sales manager, Val Stukuls.
69 INA Reinsurance CY in Brussels promoted Christian H.
De Marget to assistant manager for treaty business in
France, North Africa and the Middle East. . . . Lau­rence
O. Harriman, in international consulting, recently was as­signed
a contract position with the U. S. Agency for International
Development and Jamaican Ministry of Health in Kingston . ...
Bruce C. Michener has been assigned to the development of the
Caribbean division of Con Agra in San Juan, Puerto Rico. . . .
Employed at McWayne Marine Supply in Honolulu as wholesale
manager is William G. Dodge, Jr • ... Cory Morton has just com­pleted
his second year with Morton International Inc .... Mana­ager
and vice president of Mellon Bank International, Edge Act
Branch is Ralph B. Hurlbutt III . .. . Richard Fredrickson has trans­ferred
to Atlanta as monager of the southeast region for American
International Underwriters . ... Peter J. Cover is with the Inter­national
Energy Agency in Paris. . . . John D. Hogen is a self­employed
consultant ... . Broker-partner is Kenneth A. Sperling'.
title with Weisman-Sperling Realtors, Inc ... . Roland Corriveau
was recently named a Valley National Bank assistant vice presi ­dent
.. .. Vladas Gedmintas is res ident vice president of Citibank,
NA in charge of the Monte-Carlo branch. . .. Alan A. Cook, II
has been named vice president of marketing services group for
Leisure Technology Corporation .... David Hilliker was appointed
ass istant vice president and account officer for Bank of America's
corporate serv ices . . . . Assistant superintendent of the L.A. power
d ivision, Bechte l Corporation in San Clemente is Mark D. Herriges.
. _ . Lo Locher announced cancellation of T-Bird meeting at
Octoberfest '77 Munich due to reservation problems and would
like to organize for 1978 . ... Chuck Hazen has joined Cit ibank
as AVP International in the Seattle loon production office ... .
William C. Templeton has a new position as director of U.S. Re­gional
Pastllre Research Laboratory, USDA-ARS in Unive rsity Park,
Pennsylvania . . . . Roger D. Moore has become vice president of
the Notiona l Bank of North America .... John C. Gillett is in
Austral ia, where he is the vice president of ACE lines and is the
manaqer of their Austral ian Agency Seatroin .... Glenn Scherk­enbach
is the pres ident of ACE Lines in Detroit.
70 Working in Akron, Ohio for Ashland Chemical Ca. is
Thomas Edgar Gilkey .... Geoffrey D. Brown, appointed
director of administrative services for Best Western, is at
their ne¥' international headquarters in Phoenix .... After six years
in international business, Stephen Wright f inished his master's
degree in psychology and is working as a group counselor in Oak­land,
Cal iforn ia .. . . Larry Cheek is a senior marketing associate
with Lockheed-Georgia Co .... Larry Edstrom is serving as re­gional
comptroller for Citibank's Middle East and North Africa
Region. He is based in Athens, Greece ... . Recently promoted
to ossistont vice president of Bank of New York' s Singapore
branch was J. Laurence Jones III. .. . Kimball T. Hillencamp as­sumed
the presidency of Circle W Supply Co. . . . Charles A.
Segolas is director of marketing and sales for Swensen's Ice cream
Co. and president of Forbes Manufacturing Co .... living in lar­edo,
Texas is Gustavo Peno, Jr. .. Michael Monteglos is with
the First National Bonk of Atlanta .... Moving from Fairbanks
to take an assistant professorsl'lip of management at El izabethtown
College is Don Muston. . . . Assistant manager of Roya l Bank
of Canada in Puerto Rico is Michael R. Ryan. Ken Franklin Laverty
is assistant purchase agent for Bechtel Corporation in Son Fron­cisco
.... Roland Willetts is d irector of f inance at St. Rose Hos­pital
in Hayword . . .. Craig E. Morehouse and his family will
reside in Cape Town, South Africa for three years beginning in
December. Craig is managing director of Griff ith Laboratories ... .
Domin'1ue Matron returned to AGSIM to complete his MIM ... .
Fred R. Leenerts is the te rritory manager for John Deere Inter­continental,
LTD., for the Philippines, Taiwan and Thailand.
19
71 George W. Howard, " is director of the international de­partment
of the life and health division of the Continen­tal
Corporation .. .. Assistant vice president of Security
Pacific Bank in Los Angeles is Chuck Murphy .... In Puerto Rico,
Robert C. Hill is with Chase Manhattan Bank. . . • Transferring
from area manager Benelux to manager, marketing, planning and
analYSIS for European operation of Medtronic, Inc. is Bruce E.
Roman • ... He would like to contact other alumni in Paris .. ..
Elizabeth C. Lygren has been appointed to Citibank N.A. corporate
banking unit which serves Connecticut . .. . Phillip N. Strongin is
manager of the export department of Bartlett and Co. . . . John
Hamilton is with GIF as a European manager in Aberdeen, Scotland.
· .. Working with Dresser Gilfrod Products in the North Sea is Bob
Dewolf • . .. Gory LongstoH and his bride are moving to Mil­waukee.
. _ . Cavitron Surgical Systems' new international mar­keting
manager is William T. Kelley, Jr . . . . Fidelity Bonk and
Trust Company of Philadelphia has James C. Wills as assistant
vice president in charge of their Mexican office ... . Dennis Orio
was promoted to director of new business development for all
of Brazil, with Argos Cia. de Seguros. . . . A law practice has
been stearted in Mesa, Arizona by John M. O'Hara . . . . Michael
Leary has been promoted to director of operations at Crystal Pork
Community, in Crystal Pork, Colorado.
72 Thunderbird alumni with Bechtel Corporation include
Robert Von Johnston, plan ond system supervisor in
construction, Son Francisco, and James Harry Lardley,
accounting supervisor, M & M Division, Toronto, Canada ....
Carter R. Momberger is Caribbean sales manager for Commerce
Drug. . . _ A manager for Clarox Co. is Jonathan J. Erb. . . .
Gary Cunningham is For East sales representative for Bucyrus-
Erie Co. in Singapore . ... Mark J. Belisle is managing director
of Glastron International. .. . G. Phil Kincaid is assistant con-troller
of Firestone Switzerland .. .. Regional director of the For
East for American International Group is Mike Powell . • •• George
L. Hiller was recently promoted to assistant vice president in
the international deportment of Commerce Bonk of Kansas City,
N.A. .. . Harold George Thurstan has joined the export depart­ment
of Worthington Pump Corporation in Shawnee, Oklahoma.
· . . Joseph A. Lombardi is in Germany as assistant vice presi­dent
of Manufacturers Hanover. He was visited by John and
Nancy Fleming, who live in Manila .. .. Audio Visual Services,
Inc. of Houston has Steven L. Toms as director of marketing .
· . . Bill Starkey is the marketing manager for Piper Aircraft.
· .. Working in Tokyo is Peter C. Anderson, assistant manager
for Japan with AFIA Insurance. . . . Richard Crail is a sub­contractor
administrator wi th Hughes Aircraft in Los Angeles ....
Jim Clement is with the export deportment of Martini Rossi
International in Paris. . . . With Ridge Tools Inc. are Dave
Ransome in Colombia and Mike Groenoveld in the Caribbean ....
Jim and Michiyo Echle are in Singapore where he works for Sales­bury
International, Inc .... Mark Pittman is a producer and di­rector
with Clear Concepts' motion picture production in Vail,
Colorado. . . . Michael C. Bruce is assistant vice president and re ­presentative
for United Cal iforn ia Bonk in Rio de Janiero ....
in London with the First City Notional Bonk of Houston is Harry
F. Koalen • ... Dwan L. Shipley is currently teach ing French and
Spanish at Gallup High School. ... Roger P. Fuller is with Koeh­ring
Co., Europe B.V. in Amsterdam ...• Susy A. Sagy is the
branch manager of Johnson and Johnson de Venezuela, in Caracas.
73 Dean Johnson recently transferred from the domestic
d ivision to the international sales division of Bucyrus­Erie
in Tehran, Iran . .. . Dave Tull is princ ipal of the
Shekinah Christian School. . . . Recently named regional sales
manager in charge of Hilton International 's Toronto office is
Gerd Stippinger. . . . Richard M. Greenwood has been promoted
to assistant vice president by NCNB International Bonking Cor­poration
.... Western regional manager of safety and environ­mental
health with St. Reg is Paper Co. is Fred Bruns .. •• Law­rence
C. Giessinger has been promoted to assistant vice president
of First Pennsylvania Bonk's international deportment in Singa­pore
.. . . Marvin Massey is employed by San/Tex Industries as a
trader. . . . Presently employed by Boer American Bonking Cor­poration
in New York, Susan Stevens is involved in Latin American
company loons .. . . In Manila, John Howell is international mar­keting
director for Pr ism International Marketing ... . Mike Re­bolla
would like to contact Indiana Thunderbirds . (219) 294-3521
(office), (219) 294-2967 (hamel. ... G. T. De Bakey has a new
assignment as monager of international representation for Rock­well
International. .. . Ph ilip Morris U.S.A. has appOinted John N.
Sandor manager, headquarter sales operation . . . . Willard Hunter
20
is sales representative, arganic chemicals, with Dow Chemical.
Sarah E. Tarraf has joined the American International Group ....
First Pennsylvania Bank's internationol department has promoted
George J. Karklins to assistant vice president of their Frankfurt
representative office .. . . Eino A. Huhtala, Jr. has a consular posi­tion
at the American Consulate in Chiang Mai, Thailand.
James M. Janovsky was elected international officer of Central
National Bank of Clev~land's international department. . " .
Thunderbird alumni with Bechtel Corporation include Jack S.
Kitchen, senior field buyer R & C Division, Indonesia; David A.
Peterson, section supervisor, Treasury Department, San Francisca;
Valerie Schweyer, cost engineer P & EC Division, Algeria; and
Hall Tab Walker, field engineer PL/D Division, San Francisco.
Alban Toulemonde is with A.I.G. Insurance in Caracas . ... Jim
Bauer has moved from the Brazilian subsidiary of Ridge Tool Co. to
the Coribbean .... Alan G. ~ordell was named assistant director
and manager of the trade development division of the Washing­tan
State Department of Commerce and Economic Development.
John Sandor '73 James Janovsky '73
74 Homas Kurt Fuegner is an employee relations specialist,
R & C Division, San Francisco with Bechtel Corporation.
... Rolond S. Wuor has joined ECOWAS Fund's staff
in Togo .... With National CSS as a marketing representative is
Stanley Goldsmith . ... Now in the Athens office, Worren Feller
is district soles manager for Clark International Marketing, S.A.
. . . James M. Sherfey is Northeast and Canadian operations man­ager
for Floating Point Systems, Inc .... In Dubai, Tapan Sinha
is regional manager for E.E.P.C. ; Tom Hallal is with First National
of Chicago; Abu Zeid is with Chemical Bank, and Greg Milliman
is with the Willamette Valley Co, as a sales representative ....
Julie Houk Goodrich has a new job as assistant product manager
for Plonter's / Curtiss division of Standard Brands .... Now with
Braniff Internationol, Brion Fay has a position as area sales man­ager
in Ft. Worth. . . . Joe Elliott is a sales representative with
Sandoz Pharmaceuticals .... Alfred Pick was recently commis­sioned
a first lieutenant in the 36th Airborne Brigade, Texas
Arms National Guard ... . Tom Horris is with the Air Force in
Honduras. Marcie works as a clinical psycholog ist .... Hanover
Trust Co. has employed Lawrence R. Keeler in its international
division .. . . Steve Hockett is manager of marketing for HC & D
Forwarders International of Burl ingame . . .. Barry L. Heimbinger
will be a representative in Citizens & Southern National Bank's
office in Singapore . . .. Working with Facings of America, Inc .,
Stephen Bartley's job is related to solar energy. . . . Thomas R.
French is working for Firestone International Sales Corporation
and will be on an extended tour in Hong Kong and Southeast
Asia .... Paul S. Fronczek recently joined FMC crane and exca­vator
di vision as overseas manufacturing coord inator .... Target
Advertising Services at Meldrum and Fensmith named Douglas M.
Arnold account supervisor .... Pascal Cornille is export inspector
in charge of U.S. and Canada Sales for Sa int Gobain in Paris ... .
Etienne Igersheim is in Alsace with W. R. Grace and Co ... .
Michael R. Litton is with Woodward and Dickerson, an interna­tional
commodity marketing company in Philadelph ia .... Em­ployed
by the Comptroller of the Currency, David J. Welch has
spent two months in an-site examinations in Southeast Asia ....
Richord Michoel Smithers will assume his assignment as special
representative--earthmoving, British Columbia and Alberta, with
Caterpillar Americas Co . . .. The Girard Bank in Philadelphia hos
as its administrative officer of corporate services Charles V. Huff­man
.... Michael P. Duncan is working for Central Pipe and
Supply in Houston .... Carl Duisberg has begun additional gradu­ate
studies at Johns Hopkins in Washington D.C. With Interna­tional
Mercury Outboards, Inc. is John M. Richter.
Richard Smithers '74
7S Jean Paul Mosse is with a French import/export firm
in Marseille .... David Bridewell just campleted train­ing
with Mellon Bank and will be working for a sub­sidiary
in New Orleans. . . . In Bagneux, France, Kevin R.
O'Donnell is a contracts negotiator for Raytheon .... Arif Hafiz
and Jim Leiby are with Ridge Tool Co. Arif is waiting for
aSSignment in the Middle East; Jim is in Singapore .... Marketing
manager with Bell Helicopter is Thomos Larsen .... S.S. Kresge
Campany has added Anneliese Markel to its marketing trainee
program . . .. Yoshiharu Imai is with the Japanese branch of Sun­beam
Corparation .... Debby Nelson is a new product develop­ments
coordinator with Miller Morton . ... Blue Bonnet account
executive with Ted Bates is Trisha Kidwell .... Rich Vogel is
with American International Insurance in Chicago. . . . With
Georgia Pacific Corporation International Division is Roger Har­rison
as assistant controller af the Brazilian division .. .. Rod
Granger is working for the Comptroller of the Currency in Great
Falls . . . . 3M sales representative Lee Henken is in the printing
products division in Iowa .... Paul R. Mastilak is with the Penn­sylvania
Bureau of International Commerce and edits their inter­national
trade newsletter .... Agnew Tech-Tran Inc. has Pierre
V. Charbonneau working as a marketing representative. . . .
Mariam Shirazi is with the International Bank of Iran in the
planning and organiz ing department .... Area sales represen­tative
in EI Paso for S.c. Johnsonson is Todd Thurwachter . .. .
Franklin Howard Mann is a sales correspondent for St. Regis
Paper Co. . . . Having recently completed a training program,
Douglas H. Short will be assigned ta CBINY at Chemical Bank .
· .. Dick Banks will soon be business manager for a highway
construction project of Morrison-Knudsen International of Iran.
· .. Laurence M. Taber is in the international department of
White Machinery Corparation .... Cindy Young has transferred
to the pay line group of International Harvester to serve as
supervisor of pric ing administration .... Richard M. Thomas was
appointed international officer at The Fidelity Bank in Phila­delphia
.... Bob Kronmon, employed with Young and Rubicam
as an assistant account executive in California, attended a party
for Tom Lando, who is going to Brazil for Exxon. . . . Dale
Denkensohn is with the Peace Corps in Upper Volta on a two
year ass ignment. . . . With Banca Lar in Rio de Janeiro is
Byron Coelho •... Mark and Denise Anderson were recently trans­ferred
to Puerto Rico with Libby, writes J. Jorge Verduzco from
Belem, Brazil. He also expects visits from Vince Daniels and Jim
Conner who will be there on business. Jorge and Olga are with
the Brasil ian EXPERANCA Foundation . . .. In Guatemala City,
James B. Styer is working with Church World Service .... Keiichi
Ohoto is manager of development and planning with Stauffer
Japan Ltd.. . Philip Matthai is a consultant with the United
Notions Economic and Sociol Commission for Asia and the Pacific.
· . . Lynn E. Mc~eal is an assistant manager with Electronic
Data Systems .. . . International business specialist for the Con·
necticut Commerce Department is Tany Interlandi. . . . Richard
David Vogel is working on international corporate insurance con­tracts
for American International Underwriters in Chicago ....
Rodney A. Taylor is with the State of Mississippi International
Office of the Governor in Brussels. He was visited by Riad Marei
and his new bride and visited with Thierry Rouview in the south
of France .... Ted Strickler is living in Las Vegas. A fire destroyed
his own mortgage investment company a month after he had
opened it .... The Canadian Imperial Bank of Commerce has
transferred Mark F. Hasbany to Hong Kong, where he will be
manager of Kuwait Pacifi c Finance Company Ltd .... Jahn Alan
Neuwirth has been hired as an account executive for Cunningham
and Wolsh, Inc. . . . Crown Pacific Ltd. has named James C.
Loberg regional manager for the East Asia area, including Taiwan
and the Philippines .... With Merrill Lynch Co., in Caracas,
Venezuela is James Patrick Carrigan •... Celsa Serna is self­employed
in Venezuelo. . . . Raymond O'Neal Westbrook has
joined the fo mi ly business of direct sales of architectural and
engineering equipment .. . . Keymon Duane Talus is with Molinos
Nacionales, CA., in Puerto Cabello, Venezuela. . . . Recently
assigned to the central Illinois territory with John Deere is Patty
Jo Murphy. . . . Arizona 's newest and most innovative export
management team, Trade Specialists International, Ltd., are of
course, T-Birds: Marcia Hollatz, Jerry Weimer and Ed Noonan,
('76>' They invite T-Bird inventors, entrepreneurs, independent
manufacturers, and exporters to contact them. (602) 279-2221.
76 John Skelley is in Muscatine, Iowa, working for Central
Soya as a grain merchandiser .... Kallol Dos Gupta
is in the apparel industry with Star of India Fashions
in Los Angeles. He has taken a showroom in California Mart,
"a multi-storied building complex full of the glamour girls of
the fashion world." . .. Ingrid Padbewchek is working very hard
for IBM in Caracas, Vene:zuela - "from 7 : 15 a.m. to 8 :30 p.m."
Mark Swisher is assistant monager of a ship brokerage firm in
Guatemala City . . . . Steven C. Graybill was promoted to assistant
cashier-senior lending officer in June at Bank of America Inter­national
of Chicago . .. . Michael F. Chahine, after his current
assignment in Holland for Koehring International, expects a per­manent
assignment. . . George Fang and his wife, Evelyn, are
in Hong Kong. George is working for Honela Finance Ltd., an
affiliate of the International Bank of Detroit, as manager of
credit and administration. . . . George I. Del Canto writes us
that he has given up his life as a ski instructor at Vail and is
with the international division of J . D. Marshall as their Latin
American sales manager. He sends news of Ian Gladding, with
J.D. Marshall in Korea . .. . Minneapolis has become the new
home of James Beirne. He is the internationol marketing co­ordinator
for International Multifoods . . . . Kirk Dale Haws and
his wife, Sheri, are in the Republic of Singapore, where he is the
distr ict manager for Clark Equipment Company. . . Patricia W.
Barnes is in Chicago working as a general banking services associ­ate
for Continental Bank .. . . Ronald B. Schuh is in Fort Worth,
Texas, and is working for General Dynamics as a senior marketing
representaive .... Bob Hood is the new owner of the VERMONT
BUSINESS WORLD, a monthly business newspaper . . . . Gregoria
Buchaj was recently appointed manager of production control plan­ning
and programming department with Chrysler de Venezuelo S.A.
· .. Ed Noonan has joined Marcia Hollatz ('75) and Jerry Weimer
('75) in forming Trade Specialists International, Ltd., an innovative
export management team ... . Joseph L. Gause has obtained em­ployment
with Lockheed in Saudi Arabia. During August he went
on a ' round the world vacation .... Gates Brelsford is in Houston
with Texas Commerce Bank as an officer trainee. He writes that
Lewis Lucke is working for the Agriculture Department in Washing­ton,
D.C. and Dole Byors is helping his father on his cattle ranch in
Son Angelo. Vahe Asadaurian is an auditor for an oil company,
while Dave Scott is an oil pipe broker for Lucky Products and will
be leaving Houston soon .. . . Morvin Huth and Diane Clauss Huth
ore now working in Sao Paulo, Brazil. Marvin is at the Firestone
Factory in San Andre, while Diane is working at Johnson &
Johnson as a junior brand manager. They met Hugh Pace ('75),
who is there with Goodyear in the sales department. . , Chris
tapher O. Kroos has moved to Australia with Chrysler Ltd. and
would like to see any T-Birds who are travelling "down-under" .
· . Brock Lowes is in Tamuning, Guam with Dunham and Smith
Agencies .. . . Elizabeth Acton is with Distributive Services Inter­national
in New York City as an import account executive . . ..
Bruno Cornelio, Jr. joined the Bank of America in San Francisco
as a credit administrator far their world banking division . He
will relocate to Manila for training before being assigned to the
Tokyo office .. , Constance L. Thatcher is still with FCIA and
works on heavy construction equipment accounts. Jock Scholl, also
with FCIA, has been transferred to the Milwaukee affice ....
Thermchai Phinyawatana has returned to Bangkok with Chase
Manhottan Bank, N.A. His wife, Tong, had their secand baby,
a boy, named Win . ... Debra Hyman is working for Estee Lauder
as a trainee in the ir internatianol department. She is "alive and
well , living in New York City." . . Nancy C. Vandenburg is still
in Milwaukee with Koehr ing Internotional; ofter several months
of troining in various areas, she is now in international finance .
· . . Mary L. Carney is extremely busy in Lesotho with a CARE
project, teoch ing 5000 rural dwellers to spin mohair into yarn.
She acts as project manager in all areas of daily operation . ..
Joan Wells Hames was promoted to finance staff officer in world
corporate group services management at Citibank in New York
21
City. She commutes from Darien, Connecticut to work. . . .
Carlos G. Orchard is at Nosamco Services Incorporated, an import­export
company .... Bruce H. Burlington works for Citibank in
Riyadh, Saudi Arabia . He is an accaunt officer in the trad ing
companies seeton .. .. Jose Ortega, who is working for Cater­pillar,
and Paul Alcanzar, with GTE, met by accident in Caracas,
Venezuela, where they both now reside. . . . Mary McCaw has
entered Indiana University's Law School in Indianapolis . . ..
Gloria Trierweiler writes that she has been promoted to assistant
account executive in Chevrolet merchandising. She also sends news
of Rajendra Vedak, who is employed by Pizza Hut and Arif Hafiz,
who is in Iran, with Ridge Tool Company .... "Thunderbird
has an excellent reputation within the business communities of
this area", writes Andrew C. Tullock. Andrew and his wife Andrea
are in Guatemala City where he is employed by Bank of America
in their regionol office for Central America. They plan on being
there for another year and a half. . .. John R. Austin works in
Iowa for Cook Industries as a grain merchandiser. He reports to
have been trading grain with Manuel Triguieros, Pillsbury, and
John Skelly, Central Soya .. .. Douglas A. Trigg reports a new
position as an account executive with Publicidad Siboney in San
Juan, Puerto Rico .... Michael D. Hennessey, is acting as an
account executive for International Packaging Systems in Nor­folk,
Connecticut. He travels frequently and has made good use
of Dr. Valdivieso's commercial Spanish class . . .. Corley R. Barnes
is currently with CBS Television in New York City .... Sigmund
Aunan is with Procter and Gamble in Caracas, Vene:zuela. . . .
Susan (Sunny) Speca is off to France to work towards her doc­torate
as a Rotary Graduate Fellowship awardee .... John Blaine
has changed careers. He is currently working for Paul B. Elder
(Pharmaceuticals) Company in Ohio. . . . Satjier Chahil is with
I BM's financial section in Toronto; Axel Mees is with A.T.
Kearny GMBH, Management Consultants; Mike Hayes is with
Bank of America in Frankfurt; and, Peter Jacht is in Germany
with American Hospital Supply Corporation .. .. Mustofa Mamujee
and his sister Rashida ('75) hosted Stephen Beaver, assistant vice
president and dean of students, and his wife during their recent
visit to Kenya. Both Mustafa and Rashido are working for a
family-owned wholesale steel and hardware store in Mombasa.
Rashida is the first woman ever to work for the store .. .. Patricia
N. Campbell is a management trainee with Nevada National
Bancorporation . ... Sarah Kay Bellman is an assistant depart­ment
manager with Bamberger's in New Jersey . ... Tom Zapp
is with John Deere Intercontinental in Davenport, Iowa. . . .
Joe Sam Shirah and his wife Brenda are in western North Caro­lina,
where Joe is working as an options specialist for McCarley
and Company, Inc .... In February, William L. Wray and his
wife, Nada, will be moving to Tunisia where Bill will be production
monager at American Uniform Company's plant .. . . Eleanor
Hamric is a sales representative for Coldwell Bonker in Scottsdale,
Arizona; Mark J. Kerrissey has token a job with Walnut Indus­tries
as a marketing and sales person; and, Adrian V. Popescu has
been promoted to assistant project manager with Schering-Plough
Inc. in Puerto Rico .... In Venezuela, Lindsey R. Stewart, is an
assistant product manager with Colgate Palmolive . . .. Great Plains
Wheat, Inc. has appointed John D. Gordley as regional director for
Africa, in Casablanca, Morocco.
John D. Gordley '76
22
77 Pamela J. Hollowoy is an executive management trainee
with Diamand's Department Stare, an affiliate af Day­tan-
Hudsan Carp .... J. Wright Witcher and his wife,
Leslie, are in Lang Beach, Califarnia, where he is a manage­ment
trainee far Purex Internatianal 's industrial divisian. .
John T. Mosier lives in San Gabrtel , Cal ,farn,a , where he is the
assistant ta the vice president af internatianal aperatians far
Jacabs Engineering Campany .... Luis A. Moreno has accepted
a jab as assistant ta the p,esident, PRACO S.A. in Bogota,
Colombia .... Smith and Wesson has hired Richard Mackney to
be their area administrator for Europe . ... Kevin M. McLinden
and his bride Christine are presently in Bartlett, Illinois. He is
working as an assistant export manager for Buehler limited ....
"1 will be locating in Minneapolis with Continental Grain Com'
pany," writes Kathleen A. Larson .... William J . Richoux and
his wife Moureen, are presently in Racine, Wisconsin. Bill is a
project specialist with J.1. Case . .. . Mary Hollis Lubin is working
for G.E. Silicons in Waterford, New York, as a sales trainee .. . .
Steve Mobley has a job with Burroughs in San Francisco and is
travell ing extensively .... George Giagtzis is on the audit staff
for Exxan and has travelled to Jamaica and Venezuela, as well
as to Bogota, Colambia ... . Chin Wah Ying is gradually making
his way back hame to Singapore . After extensive Clark Equip­ment
Co. training in North Dakota and Atlanta, he will be home·
ward bound. . . . Christopher L. Wang, (Wang Ching-liang)
reports that he is working in the internatianal department of
International Materials Research Inc ., in Santa Clara, California.
· .. Another Thunderbird in the San Francisco area is Craig
Klapfleisch, working for Hilti, Inc. as a terr itory salesman . ...
Ky Chueon Kim is presently in New York City working as a
management consultant for a small business carparat ian. . . .
Laurie Kreiger is in Chicago on a training pragram with U.S. Steel.
· .. Arthur L. Hale is in Kansas with Cessna Aircraft in the inter­national
marketing division .... " 1 enjay what I am doing sa
much I've been putting in 9 to 10 hours a day! " writes Tom
Beatty. Tom and his wife Laurie are in Buchanan, Michigan with
Clark Equipment Company .... Tam Hackim has been employed
by Owens-Illinois, Inc. as an international marketing trainee and
is living in Taledo ... . Ashok D. Patel is in Stamford, Cannecticut
with Continental Can .... Brian W. De La Houssaye is with
Curtiss Breeding Service, a division of Searle Agricultural Inc ., as
an international marketing operations and planning coardinator.
· .. Puerto Rico, hos become the home of Margaret A. Bernot,
wha is working for Publicidad Sibaney, Inc. as a media buyer.
· .. According to Thomas Harte, Jim Secunda ('75), Marty Mohn
('77) and he are knawn as the Thunderbi rd Mafia at I NA Cor­poration
and "treated like exatic china." . . . James Dardis
Robinson, IV is an associate with Ballew, Reinhardt, Paale, Inc.,
a management consulting firm in Memphis .... J. Richard Condie
is an accaunt executive with Ogilvy and Mather Inc. in Hauston .
· .. Mary T. Bernabucci is working for McGaw Laborataries, a
d ivisian of American Hospital Supply Corporation, as a territory
representative for northeastern Michigan .... Moira K. Gomez
is with the European American Bank as a management trainee in
New York City . ... Ke-Hwa Hsu is in Taiwan working

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Full Text

THE CHANGING
Perspective of the Editorial Staff
Why "The Changing Thunderbird"? Because Thunder­bird
is changing.
This school is both a leader and a follower. It is a
leader of institutions that admire its foremost purpose
to function as educator of new personnel and coordin­ator
of information for the corporations and govern­ments
it serves. It is the follower of the outstanding
individuals who are its life blood, the alumni.
Therefore, we are changing the focus of this maga­zine
to conform to the dual interest of our readers,
both the news of what we are involved with on campus,
and the most poignant issues of international busi­ness
today.
The focus of this issue is the Middle East. We ask
your response to the issue, and your suggestions for
articles and information you would like to see in­cluded
in later issues. We intend to focus on a region
in each issue: Asia, Africa, Europe and possibly behind
the Iron Curtain. Our purpose in each case is to
track the progress and changes of international busi­ness
that are becoming the most dynamic forces in
our world today.
Aubrey S. Jones
Ed Popish
THUNDERBIRD
Diane Connelly
Terry L. Peteete
THE THUNDERBIRD (alumni publication of the
American Graduate School of I nternational Man­agement)
is published in the Fall / Winter and
Spring / Summer of each year.
Executive Editor: Sonia V. Thurmond
Editors: Diane Connelly '56 and Terry L. Peteete
'78
Photographer and Technical Publications Advisor:
Aubrey S. Jones '78
Alumni Assistant: Ed Popish '78
In line with AGSIM policy to further our world-wide contracts we
are exploring several possibilities for joint ventures in the Middle
East. These would be similar to our existing programs of student
and faculty exchange with the Institute for International Studies
and Training in Japan and our full AGSIM summer semester at
the Autonomous University of Guadalajara.
The most ambitious of these is the Arab Center to be established
on the Thunderbird Campus. A proposal was made to the King Abul
Aziz University in Saudi Arabia for a jOint venture involving
about $1,000,000 contributed by each school. The center would
recruit about 10-15 Saudis and a like number of Americans (or
others)' The Saudis would study English and the American way of
doing business and the American sc ience of management. The
Americans would study Arabic, Arab culture and management
science. It is hoped this would contribute substantially to the
development of a highly educated cadre of Arab managers and a
group of Americans who would have a much better understand­ing
and knowledge of the Arab world.
We have also made a specific proposal to the University of Bagdad
in Iraq as a follow up of a visit by Dr. and Mrs. Gulick there
last year. They were invited by the University and by the govern­ment
of Iraq. This would result in an exchange of professors,
students, and literature between the institutions.
The
President's
Message
With the aid of a Libyan student we are making contact with
the Government of Libya for a possible jOint venture.
Also with student and alumni assistance an approach hos been
made to Iran. I personally have strong ties to the University of
Tehran since I was a professor there for two years.
The American University of Beirut has made initial overtures
about some assistance from AGSIM in establishing a strong
Graduate School of Management in Beirut.
Professor Mohammed Malallah, Director of the new Institute of
Management in Amman, Jordon, spent a semester as a visiting
professor at AGSIM. He is presently in Ammon with the avowed
intention of establishing close ties with us through exchange of
students and professors.
Realizing that the Middle East and Southeast Asia are the eco­nomic
lands of the future, the school wonts to establish significant
beachheads of mutual assistance there.
WILLIAM VORIS
President
2
THOUGHTS ON THE PRESENT AND
FUTURE OF ARAB NATIONS
(An interview with Dr. S. E. Shabrawy)
Dr. S. E. Shabrawy, associate professor of the
World Business Department, has both a diverse
educational and professional background. He re­ceived
his B.A. in Business from the Univenity of
Cairo, and served as management consultant with
the National Insti­tute
for Manage­ment
in Cairo. He
aHended the Univer­sity
of Berkeley on a
grant from the Ford
Foundation and cul­minated
his studies
by receiving his Ph.D
from the University
of Illinois.
Dr. Shabrawy fint came to American Graduate
School in 1972 as a professor of business and
Executive Development consultant. In 1974, he
took a leave-of-absence at which time he was a
management and marketing consultant for var­ious
governmental agencies as well as for firms
in Kuwait, Saudi Arabia and the United States.
He returned to AGSIM in the fall of 1977.
The following interview with Dr. Shabrawy reveals
his thoughts on the present and future of the
Arab nations, politically and economically:
Question:
We are all interested in what the Arab countries are
doing with the oil revenues they are receiving. What
is the current policy for the use of this money?
Answer:
There are not enough Arab financial institutions to
manage and allocate these revenues. Currently, most
of the surplus revenues are managed through Western
financial institutions. The Arab countries are taking
steps however, to develop their own financial institu­tions
and are putting more and more surplus money
into developing Arab countries where financial re­sources
were minimal. For example: there is heavy
investment in Sudan; some investment in Egypt; and,
less in Morocco, Tunisia and other African countries.
Question:
What changes do you foresee in the price of oil? Also,
how might pricing be used again as a weapon?
Answer:
First, I expect that any price increase will be consis­tent
with inflationary trends, and with related price
increases of industrial and consumer products.
It might be used in the case of conflict and confron­tation.
I n a state of cooperation, the confl ict is second­ary;
there will be both negotiation and accommoda­tion.
But in case of confrontation, opponents neces­sarily
use all their resources. If the Arabs lack mili­tary
power, they will use economic power . .. and oil
is part of this economic power.
Question:
Where is the money that constitutes this potential
economic weapon located?
Answer:
All over the world. Some of it is in Europe, some in
the U.S.A., some in Arab countries, some in African
countries. One can deduce the location of the monby
by studying the investment behavior of the Arab. His
investment behavior is conservative. He wants to mini­mize
investment risks, especially if he is investing out­side
his own domain, his own country. So America
is THE place where most of the money is allocated
because of its economic stability. If you compare the
United States with Europe, you will find that the Arabs
may consider a potential risk because of the inter­ference
of socialist parties there.
But I think most of the Arab capital should be spent
on the development of Arab countries, to initiate sta­bility
within these countries. Where you develop poor
Arab countries, you are encouraging stability and the
result will be the development of new markets and a
wider, more diverse economic base.
Question:
Since Beirut has closed, is there an alternative finan­cial
center developing in the Middle East?
Answer:
There should not be one financial capital; there should
be several. Kuwait is emerging as a financial capital;
Bahrain is a possibility; Cairo is definitely becoming
one, and, if it develops the infrastructure needed to
support such activities, it will be the most important
place for this transaction.
Question:
With this rapid increase of revenues to the Middle
East, the Western World is concerned with who con­trols
the use of these funds. Who are the emerging
business and political leaders of the Middle East?
Answer:
Let us differentiate between the business entrepre­neur
who can help in the process of industrial de­velopment,
and a business leader who is involved in
commercial transactions, a middleman, involved in
marketing activities.
When you talk of the industrial entrepreneur, one who
is striving to develop an infrastructure that will be
able to support industrial base, I cannot say there are
any. Maybe this is because governments mostly are
involved in this type of operation. But when you talk
about commercial activity, and people involved in de­veloping
organizations of a marketing nature, there
are many.
Question:
Are there any dominant political leaders?
Answer:
No. There is no one spokesman for the Arab countries.
There is cooperation between the Arab leaders based
on their respective power, whether it is economic or
political power. There is more cooperative decision­making,
or perhaps better decision-making, when it
comes to foreign policy decisions. This has resulted
in a more unified effort to help each country and the
region as a whole.
Question:
How do the Arab countries view themselves in the
world society? What role will they play?
Answer:
After the 1973 war, their perception changed. They
are now aware of their influence on the economic
order of the world. They are aware that their influence
is responsible for a wide change in this economic
order. However, it is necessary to differentiate be­tween
the rich Arab countries, which are under-popu­lated,
and the poor Arab countries, some of which are
over-populated. The poor Arab countries suffer from
all the problems of development. But the rich Arab
countries perceive themselves as rich developing na­tions
with immense economic potential.
Question:
Currently, the common view of the Middle East by the
business community is that of a huge market poten­tial.
What are the possibilities for marketing and
investment in the Middle East?
Answer:
Let's think in terms of what the market is. There is
a total population of approximately 120 million peo­ple,
without differentiation between the rich and poor
countries. The rich Arab countries have glamorous in­dustrial
and economic development programs, and this
represents a viable market. Saudi Arabia, for example,
has a yearly development plan for between 30 and 35
billion dollars. In the Gulf area, the projects are simi­lar
in scope. Together they constitute an important
market. When you have this type of wealth you can
expect the consumption pattern to change, the peo­ple
to develop new habits. They will buy new products;
they can afford them. The governments are assisting
in the development of these markets through their
economic and social development plan. The avail­ability
of funds and development programs are, of
course, key factors. By utilizing the financial resources
available in the development of Arab integrated de­velopment
plans, markets will have a higher rate of
growth.
Question:
Of major concern to Thunderbirds is the requirement
for expatriate managerial personnel. What is the need
for managerial assistance in the Middle East?
Answer:
We should consider this problem in terms of the prob- .
lem of the transfer of technology. If you transfer
physical technology without managerial technology,
you can predict failures. Therefore, you have to im­port
managerial technology. However, we should not
initiate a dependency on foreign managerial assistance.
On the other hand, the Arab countries must not iso­late
themselves because their own managerial experi­ence
is not based on professional management and is
not consistent with up-to-date physical technology.
They must have foreign managerial technology to
develop their own managerial technology.
Question:
Can you predict the duration of this need in terms
of numbers of years?
Answer:
It is a continuous process. Even when countries de­velop
their own professional managerial cadre, they
should not isolate themselves from foreign technology.
They must up-date themselves all the time. It is a
matter of cooperation. It shouldn't be a closed system.
Question:
In most Middle Eastern countries a foreign business
must have a local business partner, since total foreign
control is not allowed. What is the best way for a busi­ness
man to make a contact to form a relationship?
Answer:
A prerequisite is that businessmen change their dog­matic
beliefs about doing business the "American
way." They must understand that there are some en-
3
vironmental conditions in these countries that gen­erate
different and varying behaviors. They should un­derstand
these behaviors, understand the local business
attitudes, and be able to adapt to these conditions. In
the absence of clear business procedure, personal con­tacts
and relationships will be most important. In per­sonal
relationships, one should understand the person­ality
characteristics and the value system of the people
with whom you're going to deal.
Question:
Do you recommend using a professional contact such
as a consulting company to provide leads?
Answer:
Either the professional consultant, who is aware of
what is going on in this part of the world, or the
embassy's commercial attache, or, governmental busi­ness
service organization.
Question:
What are some of the pitfalls in finding a local repre­sentative?
What does one look for, and how does one
check his credentials?
Answer:
There is data available at the U. S. Chamber of Com­merce
for the respective countries or through the
U. S. Department of Commerce, which offers some
information as to who the agents are, what type of
business they are conducting and what kind of back­ground
they have. Personal contact is another way.
I think you should depend on the young nationals, the
emerging businessmen. The young educated have new
ideas. They know how to develop the markets. It's
easy to communicate with them. They have energy
and an understanding of the potential of these coun­tries.
They are not very conservative in their business
behavior; they can learn and interact; and, they are
open to new ideas. Many companies may look for tradi­tional
businessmen who are complacent and don't
have the desire to develop new markets. Yes, I be­lieve
the advantage lies in the young men who have
some business education. Help these people to develop
and they will develop the market for you.
A system that encourages U. S. medium-size compan­ies
to become more internationally-oriented should be
developed. This would certainly help offset the balance
of payment deficit. Medium-sized U. S. companies
with available technology should be considered large­size
companies because of their available technology.
I would consider them large-size companies by inter­national
standards, too. Generally, these companies
have not moved internationally because of their lack
of understanding of foreign markets. It would be a
good strategy to inject some of this new-breed of in­ternational
manager into these medium-size compan­ies.
This combination can develop an international
marketing strategy to move into foreign markets. I en­courage
the graduates of international business schools,
especially graduates of Thunderbird, to look for the
type of company that is committed to growth. They
would grow with these companies; and, they would be
self-motivated to a high level of achievement both in
terms of their own growth and the growth of these
companies internationally. This potential combination
could be a dynamic force in international business
where there are now elements of stagnation.
4
INDUSTRIAL CENTERS SHIFTIN'G
IN RESPONSE TO MNC/s
CHANGING NEEDS
To facilitate their international operations during the
past decade, domestic and multinational corporations
have been moving their corporate headquarters and
regional offices.
From the traditional industrial centers of New York,
Tokyo, London and Hong Kong, they have been re­locating
to sites which they have evaluated as more
desirable for international operations. Three cities
have come to the forefront as leaders in this respect:
Coral Gables, Paris and Honolulu. These cities have
been especially successful in attracting the regional
headquarters of multinational corporations for their
Latin American, European and Far Eastern markets,
respectively.
In his survey of international business executives,
David A. Heenen found these to be major criteria that
multinational corporations use to select cities as sites
for their regional headquarters: proximity to foreign
markets, cost of living, quality of air transportation
and communication networks, political stability, cost
of maintaining expatriate staffs, and tax and other in­centives
offered by these communities.
A natural corollary to this trend is that rivalry and
competition are increasing between the traditional
business centers of the world and those cities that are
emerging as potential sites for relocation,
There are many incentives for such cities as Coral
Gables, Paris and Honolulu to develop their commu­nities
economically, politically and socially in a man­ner
appealing to those responsible for making such
corporate relocation decisions.
Taxable wages and property taxes generated by the
staffs of these regional offices represent additional
revenue for the communities. However, many of these
cities view the growth of other sectors of the business
community as being even more beneficial to the com­munities'
long-range financial health. The presence of
such corporate offices encourages the growth of the
supporting industries within these communities. Ac­counting
firms, advertising agencies, banks, hotels,
restaurants and tourism emerge and flourish.
Coral Gables, Florida has been quite successful in
marketing efforts on its own behalf. In the 1960's,
community and business leaders, later to become the
Committee of 21, responded to an economic crisis
within Coral Gables. The city's major industry, retail­ing,
was in decline. In an attempt to widen the city's
tax base and diverSify the community's industry, a
strategy was developed by this group to attract the
Latin American operations of American, European and
Asian corporations. In 1959, the first multinational to
locate its Latin American headquarters in Coral Gables
was Jersey Standard. Today, in addition to Exxon, Coral
Gables boasts over 70 other corporations that have
made this community their Latin American regional
headquarters.
Allen J. BrentelOn
Allen J. Brenteson, upon graduating from the Ameri­can
Graduate School of International Management in
1960, joined Rohm and Haas. He spent nine years
in Central and South America as a general manager
of Central America and the Caribbean. He is presently
the Director, Latin American Region, for Rohm and
Haas, and is based in Coral Gables.
When he was aSSigned to the Coral Gables office in
1969, Brenteson became involved in community affairs
via the Chamber of Commerce and has played an
active role in making Coral Gables the "Gateway to
Latin America" that it is today.
The Committee of 21 , an offshoot of the Chamber of
Commerce in Coral Gables, is comprised of local in­ternational
business and community leaders, includ­ing
Brenteson. This group has been successful in mar­keting
Coral Gables to U.s. firms and is currently con­ducting
a campaign targeted at European and Asian
firms to locate in Coral Gables. Latin American firms
are also locating offices and plants in the area for
a variety of reasons.
Brenteson claims that developing a marketing plan
for Coral Gables was not a hard task. The community
has much to offer in addition to its beauty and cli­mate.
Among its assets are its proximity to South
America, the Miami International Airport and its well­developed
transportation and communication systems.
It has the political stability of the U.s. and a low
cost of living compared with many industrial centers
in Europe and South America. Also to recommend it
are its strict zoning laws and well-developed support
industries. Coral Gables ranks second only to New
York City in its number of Edge Act Banks, and it is
rapidly gaining respect as an international financial
center. It has been called the "New Switzerland for
Latin America."
Coral Gables and the State of Florida have utilized
various sales tools to lure regional headquarters to
the area, including goodwill tours of Europe and South
America by Governor Rueben Askew and advertising
in Time magazine. Much of the promotional work is
done voluntarily by members of the Coral Gables in­ternational
business community while they are on
business trips to other U.S. cities and to Europe and
Asia. The city does not offer companies any incen­tives
in the form of tax holidays; however, most of the
firms they attract are administrative operations, not
manufacturing concerns subject to corporate taxation.
Coral Gables really has no viable competition as a
Latin American headquarter site. While New York
City is still the international financial center, this is
not enough of a motivating factor to convince firms
to locate within the city. At one point, New Orleans
represented a rival because of its port facilities, but
it was unable to sustain its lead because it did not
continue to develop, as did Coral Gables.
Although the Coral Gables community initially had
misgivings about bringing such businesses to their
city, due mainly to their fear of congestion, they have
found over the past fifteen years that the problems are
controllable and are far out-weighed by the advantages.
Currently, Brenteson is the president-elect of the
International Center of Florida, a non-profit organi­zation
whose purpose is to develop Southern Florida
as an international trade center. The International
Center endeavors to assist the Latin American offices
of companies within Southern Florida by "putting
people together with ideas." This organization arranges
for highly respected and successful international busi­nessmen,
representatives from Washington and Latin
American governments and Chambers of Commerce
to speak and lead forums in the area. This provides
the business community with the opportunity to dis­cuss
mutual problems and seek advice from these
sources.
5
Trade missions to Latin American countries are ar­ranged
so local international businessmen can meet
with their foreign counterparts to foment import-ex­port
business between the countries involved.
The International Center of Florida also encourages
the passage of state and federal legislation beneficial
to the international business community. A noteworthy
example was the International Center's successful en­deavors
to have an area in the proximity of the Miami
International Airport transformed into a free trade
zone. It is estimated that within five years, the free
trade zone will be a billion dollar operation used prin­cipally
as a staging point for Latin American business.
A sufficient number of European and Asian firms have
applied for space within the free trade zone to occupy
the planned first phase of its construction. Needless
to say, this will be an extremely attractive asset of the'
Miami-Coral Gables area.
Additionally, the International Center of Florida has
been a promoter of the first Latin American Trade Fair
to take place in Miami this coming Spring. All Latin
American countries belonging to the Organization of
American States, (OAS) have been invited to attend,
and a productive exchange of ideas and transactions is
anticipated.
The future appears promising for Coral Gables, and
for all of Southern Florida. It is obvious that much
of this success can be attributed to the work of the
Committee of 21 and the International Center of
Florida. We applaud the work of these committees
and their members as well as their efforts on behalf
of international business. And we particularly applaud
the dedication, skill and leadership given to these ef­forts
by Allen J . Brenteson, 1960 alumnus of the
American Graduate School of International Manage­ment.
-Martha WahOiki
The Pauline Wilson Memorial Student Loan Fund
has been established in memory of Professor Paul
Wilson's wife, Pauline, who died on October 4
after a long illness.
The fund now totals more than $2,700. Contribu­tions
should be made payable to the Pauline
Wilson Student Loan Fund and mailed to the
business office at AGSIM.
6
TAXATION
OF FOREIGN
SOURCE INCOME
Practicing aHorney, Robert S. Tancer, is well­remembered
by alumni since 1972 for his courses
in tourism and the legal problems of international
business. He has been following the international
tax scene, including the Tax Reform Act of 1976,
and ih likely direction under the Carter adminis­tration.
Professor Tancer's article up-dates John
Cullinan's, 77, Thunderbird article on the 1976
Tax Act:
The United States like most developed, industrial
nations, taxes its c(tizens on the basis of their world­wide
income. Determining citizenship for an indi­vidual
is a straightforward matter, and in the Internal
Revenue Code a domestic or United States corpora­tion
is one " .. . created or organized in the United
States or under the law of the United States or any
state or territory." All other corporations, according
to the Code, are foreign. The rationale underlying t~is
view is that citizens of the United States receIve
benefits from that association regardless of where they
happen to reside or what the source of their income
may be. It is also based on the belief that there would
be an inherent injustice should U. S. citizens resid­ing
or working abroad be permitted to escape the
taxation burdens carried by resident citizens.
In international terms, the assertion of taxing one's
citizens on the basis of their worldwide income can
only produce problems, since the nonresid~nt citizen
taxpayer will often be taxed on the same Income by
the country where such income is earned. The United
States has traditionally sought to reconcile this dilem­ma,
producing double taxation, by granting special
treatment to its non-resident citizens and corporations.
One can almost say that multinational operations took
their present form over the last thirty years as a re­sult
of these tax benefits. If one examines, for ex­ample,
the corporate structure of U. S. multinationals,
one can see that it is designed to permit the U. S.
corporate parent, the taxpayer, to take advantage of
existing provisions of the U. S. tax law. On October
4 1976 the Congress of the United States approved
the Tax' Reform Act of 1976, which was signed by
President Ford shortly thereafter. The Tax Reform
Act of 1976 deals specifically with various aspects
of how U. S. international business is taxed, and
contains two titles on subjects of particular interest
to the international business community. Title X,
Changes in the Treatment of Foreign Income, and
Title XI, Amendments Affecting DISC, introduce de­partures,
possibly even erosions, in traditional treat-ment
accorded U. S. international business activities.
It is the purpose of this article to highlight these
provisions so that you will better understand what
these changes mean to you as individuals and to the
companies of which you are an integral part. Although
the Carter administration has not yet announced the
details of its own tax program, it is clear further
changes will be forthcoming in the international area.
The unprecedented growth of U.S. multinationals
during the fifties and sixties was based in part on the
fact that although the U.S. adhered to the principle
of taxing its citizens on the basis of worldwide in­come,
it provided at the same time sufficent incen­tives
to encourage international trade and investment.
This balance was achieved through the use of four
principal techniques.
The first grants a flat exemption to U.S. citizens to
U.S. taxation for certain income earned abroad. The
second establishes a system of deferral whereby the
U.S. corporate parent can determine when its foreign
subsidiary income will be taxed by postponing its U.S.
tax until foreign earnings are repatriated. The U.S.
parent is, in effect, being provided with tax-free dol­lars
for its international expansion. The third feature
of U.S. tax law offers the U.S. taxpayer a foreign tax
credit which permits him to take a credit against his
U.S. taxes, for certain taxes he has paid to foreign
governments. Finally, the United States has developed
over the years a series of tax devices which provide
some relief for the U.S. export sector. These were
originally conceived in terms of reducing the usual
corporate tax rates for certain export activities like
the Western Hemisphere Trade Corporation, enacted
in 1942. More recently, the approach to stimulate
U.S. exports has been modified with the establish­ment,
in 1971, of the Domestic International Sales
Corporation commonly known as the DISC. Each of
these four 'areas, how they have been modified by
the Tax Reform Act of 1976, and their probable fate
under the Carter administration will be discussed be­low.
1. Exclusion for Income Earned Abroad.
Prior to the Tax Reform Act of 1976, U.S. citizens
working and residing abroad, were given an exemption
from U.S. income tax on the first $20,000 of income
earned abroad. To qualify, the U.s. citizen must in
fact have been a resident of a foreign country, and
must have spent seventeen out of the last eighteen
months working abroad. Thus, if a corporate executive
working and residing overseas earned $25,000, he was
liable to the United States government for taxes only
on the remaining $5,000 of income. Since the U.S. tax
rate is a graduated one, this became a significant
benefit to the taxpayer. For example the prevailing
amount of tax for a married couple filing a joint return
with a taxable income of $6,200 was $450, while the
same couple having a taxable income of $31,200 paid
$7,100, the latter based on a tax rate three times
greater than the former. The older law increased the
amount of this exemption to $25,000 a year once the
taxpayer had I ived and worked abroad for more than
three years. This exclusion was even more significant
when the U.S. taxpayer was also permitted to take a
foreign tax credit against the foreign taxes he had
paid.
In the Tax Reform Act of 1976, the amount of the
exclusion is reduced to $15,000, and neither the
foreign tax credit nor a deduction is available for any
part of the excluded amount on which foreign income
taxes have been paid. The Law further limits the
exclusion by taxing any additional foreign source in­come
earned by the taxpayer at the higher rate, i.e.,
the one which would have applied were the exclusion
not granted. Finally, if the taxpayer receives income
from sources outside of the country where he is work­ing,
if such income is received in part to avoid pay­ment
of taxes in the country of residence, such income
cannot be included as part of the exclusion. The Sen­ate
committee estimated that this change will increase
Treasury receipts by thirty million dollars in fiscal
year 1977 and twenty-eight million in 1978. Consider­able
discussion has already taken place on the effect
this change will have on the multinational employers
of U.S. citizens, many of whom seem obliged to make
up this difference to their U.S. citizen employees.
It is unlikely that the earlier exclusionary amounts
will be restored by the Carter administration whose
goal in the tax area is to improve "equity" among tax
payers. Consistent with this goal would be to phase out
the remaining exclusion and replace it with deduc­tions
that the overseas executive would be allowed for
certain fringe benefits or income necessary to main­tain
a comparable standard of living to that he would
have had he remained in the United States. Opposition
to this section from interested overseas executives
has been so effective that implementation of this pre­vision
was delayed for one year and it is likely a
further extension will be allowed.
2. Deferral.
Interestingly enough, the ability of a U.S. corporate
taxpayer to defer paying U.S. income tax on the
profits of its foreign subsidiaries has not been tam­pered
with in the Tax Reform Act of 1976. As a result
of the narrow definition of corporate nationality where­by
U.S. corporations are determined solely on the
place of incorporation, most U.s. corporate parents
can effectively keep their subsidiary income outside
the scope of U.S. taxation until it is repatriated.
This fact is one of the major reasons why so much
of U.S. multinational activity throughout the world is
carried out through foreign subsidiaries. To empha­size
the significance of this structure, one must re-
7
member that if the U.S. parent operated abroad
through branches or partnerships, the foreign source
income of these branches or partnerships would be
subject to U.S. taxation because of their U.S. citizen­ship.
The simple creation of a foreign subsidiary
avoids this problem. Deferral permits the U.S. parent
to carry out its international expansion from its foreign
profits before they are taxed, by the US. government.
Thus greater funds are available to it. Happily, no
important revisions were made in this area in the
Tax Reform Act of 1976.
There is some indication that the Carter tax plan
will eliminate deferral as part of a trade-off for lower­ing
or even eliminating the corporate income tax. De­velopments
in this area should be followed carefully.
3. Foreign Tax Credit.
The foreign tax credit goes back to 1915. Its purpose
was, and continues to be, to provide relief to the U.S.
citizen taxpayer, who, by virtue of his foreign resi­dence,
is exposed to double taxation. Tax writers often
refer to the tax credit as achieving "neutrality" in
that through its application the taxpayer ends up pay­ing
no more in taxes, although shared between two
governments, than had he earned the same income
in the United States. In operation, the tax credit works
by permitting the U.S. taxpayer to take as a credit
against his U.S. income tax that amount he has paid a
foreign government for income taxes. Although this
result achieves "neutrality" for the U.S. taxpayer, it
reduces tax revenues for the U.S. Treasury because
the U.S. government is waiving that part of the over­all
tax obligation that has already been paid to a
foreign government. There was not much opposition
to this approach when foreign income tax rates were
sign ificantly lower than U.S. tax rates, and thus the
amount eligible for the foreign tax credit was negli­gible.
In recent years, however, as foreign income
tax rates have increased, in part because foreign gov­ernments
know of the U.S. tax credit, there has been
rising concern in Congress that the U.S. Treasury is
lOSing too much money.
Although retained in the Tax Reform Act of 1976,
limita.tions have been introduced reducing the bene­fits
previously available to U.S. taxpayers. The major
change in the operation of the foreign tax credit is
the elimination of the so-called "per-country limita­tion."
Prior to the Tax Reform Act of 1976, the tax­payer
was subject to a limitation on the amount of
credit. This limitation was to assure that the credit
would not eat into taxes owed by the same taxpayer
for U.S. source income. The taxpayer was permitted,
at his election, to determine whether it was more ad­vantageous
to accept the pre-country limitation or
the overall limitation. The difference in taxes paid
the US. Treasury could be significant in that the pre­country
limitation could be used over and over again
and applied to each country in which the taxpayer
does business, thus preventing losses in one country
from being deducted against profits in another coun­try.
The overall limitation, would of course, avoid this
result, since the overall foreign source income figure
is established on the basis of the taxpayer's worldwide
operations. Under the Tax Reform Act of 1976, the
per country limitation has been abolished and the tax­payer
has no alternative but the overall limitation.
The Senate Committee on Finance estimated that re-
8
peal of the per-country limitation will result in over
forty-one mi II ion dollars of additional tax revenues
for 1977.
It would seem that in the Carter spirit of "equity"
the foreign tax credit would be less vulnerable. Its
elimination would produce significant double taxation
problems.
4. Domestic International Sales Corporation (DISC).
In 1971, after much pressure from an export sector
whose sales were declining, Congress enacted legis­lation
creating the Domestic International Sales Cor­poration
or DISC. Through the operation of a DISC,
an exporter could structure his taxes in such a way
that he only paid taxes on a current basis for one­half
of his export income, while he was able to defer
the remaining fifty percent. The DISC was a depar­ture
from the earlier approach used in the Western
Hemisphere Trade Corporation, which resulted in pro­viding
a limited group of exporters with a reduced
corporate income tax rate. At the same time, it was
hoped by the Congress that the particular method of
deferral would be accepted under the rules of GATT,
where rebates from direct taxes are prohibited.
In part because of the considerable publicity the
DISC received, and its enthusiastic endorsement from
the Department of Commerce, the organizing of
DISCs became popular, and most export business took
advantage of the tax provisions they offered. Whether
it was the result of the DISC, or possibly other eco­nomic
factors, the most important of which were the
subsequent two dollar devaluations, U.S. exports began
to soar in the early 70's. The DISC became a target
for criticism and finally in the Tax Reform Act of 1976
its deferral benefits have been substantially reduced.
Now, the only DISC earnings that are eligible for de­ferral
are those that have been added to an export
base period determined by the statute. The base period
established by the Law is a figure derived from the
average of exports during a given four-year period,
1972 through 1975. Thus, the fifty percent deferral
originally offered all exporters is limited to those who
can show that they have achieved "additionality" over
and above their four-year average. It's almost as if
the more successful exporter is penalized as a result
of his increased export sales.
All indications are that the DISC will be abolished
under the Carter tax program. The DISC is particu­larly
threatened since current tax revenues are re­duced,
and there is increasing evidence in Congress
that establishing a DISC has little effect on a com­pany's
export activities.
In addition to these four major areas, the Tax Reform
Act of 1976 introduced two new restraints covering
boycotts and bribes.
5. Boycotts and Bribes.
The Tax Reform Act of 1976 contains complicated
provisions concerning the effects of participating in
international boycotts and in making bribes. U.S. tax­payers
participating either in boycotts or in bribes
directly, or through subsidiaries which they control,
will lose all of the international benefits that the tax
law permits, particularly deferral and the use of the
foreign tax credit. To enforce these provisions, tax-payers
must file with the Treasury elaborate disclo­sure
statements as to their participations in boycotts
and bribes. Failure to file such information reports
can lead to criminal penalties. It is unlikely that these
provisions will be modified or deleted in the Carter
program.
One final area in which the Tax Reform Act of 1976
assists a kind of international transaction should be
mentioned. Non-resident foreigners and foreign cor­porations
are not subject to U.S. withholding tax on
interest paid them by U.S. banks or borrowers. Orig­inally,
such individuals or entities were subject to a
thirty percent withholding tax, which was temporarily
waived in the Tax Reduction Act of 1976 but made
permanent in 1976. The reason is clearly to encourage
foreign lenders to contribute to U.S. corporate financ­ing,
and at the same time, make it clear that non­resident
foreign investors will be encouraged to de­posit
their funds with U.S. banks. The exclusion is
limited and will not extend to a non-resident alien
engaged in "trade or business in the United States."
The coming months will shed further light on the
Carter tax plan. It promises to be a comprehensive
one. This interim period should be utilized produc­tively
by advising Washington of your views. The in­ternational
community was taken somewhat by sur­prise
by provisions of the Tax Reform Act of 1976.
Opposition and protest was organized only after its
enactment. This tactical error should be avoided dur­ing
the forthcoming CongreSSional committee reviews.
There are organized efforts evolving to combat
Section 911 of the 1976 Tax Reform Act. One
effective means is for each person interested in
the American global business position, and par­ticularly
those whose lives are directly influenced
by this Act, to write their congressmen. This is
a positive step that we each can take, for cer­tainly
if we will not, we are in eHect supporting
the Act with our silence.
A second means, and potentially more effective,
is a lobby in Washington, Tax Equity for Ameri­cans
Abroad, whose sole purpose is "to seek re­dress
from the inequities that exist in the tax
laws of the Ultited State .... The by-law. say "the
corporation is organized for educational, research
and lobbying purposes by individual United States
taxpayers re.iding outside the United States."
The TEAA requests that American. living abroad,
and all who are duly concerned, send $100 to
the National Bank of Wa.hington, Tru.t and
Operations Center, 4340 Connecticut Avenue,
N.W., Washington D.C. 20008 (or P.O. Box
39990, Washington, D.C., 20016).
TERRY PETEETE '78
(With a big thank-you to Stanford P. Wilson '58).
We, the editorial staH, urge you, the reader, to
be active in our common purpose of repealing this
tax act. The ultimate focus of this Act will erode
the United States' current position of globallead­ership
at a time when, as a global community, we
sorely need this leadership which the United
States is best able to provide.
9
1978 BRINGS NEW REQUIREMENTS
The American Graduate School of International
Management is ever involved in the process of
reviewing the curriculum to determine when and
where changes are needed. These changes result
in adding or deleting courses or adjusting course
work requirements when deemed necessary. Be­ginning
in the Fall 1978 term, there will be a
stiffening of requirements for all new students.
Following ;s an article by Mr. John James Arthur,
Registrar, explaining these changes.
All students entering in the Fall Semester 1978, and
thereafter, must take at least twelve (12) semester
hours of 400-S00 level courses, in addition to the stan­dard
requirement of fifteen (1 S) hours of 300-level
courses (WB-310 ACCOUNTING, WB-320 MANA­GERIAL
ECONOMICS, WB-330 OPERATIONS ANA­LYSIS,
WB-340 MANAGEMENT, WM-3S0 MARKET­ING).
These courses may be waived on the basis of equiva­lent
UNDERGRADUATE study completed. Therefore,
all applicants are urged to take these five subjects at
any accredited institution of higher learning prior to
matriculation at AGSIM. We can waive all five of these
courses on the basis of transcript evidence that similar
work has been satisfactorily completed. The comple­tion
of a basic three credit hour business course would
normally suffice for a waiver, with the exception of
WB-320 MANAGERIAL ECONOMICS. Since the prin­ciples
of both micro and macro economics are in­volved,
this would normally take two introductory
economics courses to cover the material.
In view of this new requirement, students who enter
AGSIM with no waivers in any of our three Depart­ments
would have to take a total of 51 semester hours
of work (instead of 48) in order to complete the Mas­ter
of International Management degree. However, as
nearly all students have some waivers in one or more
Departments, it is expected that only a very small
number of students may have to take more than 48
hours. Seventy percent of the students complete the
MIM in one calendar year, and this ratio is not ex­pected
to change.
Staring with the Fall Semester 1978, the requirements
of our three Academic Departments will be:
HOURS
1) DEPARTMENT OF MODERN LANGUAGES:
One 300a, one 300b, one 400-level course ____ 15
Note: Partial or total waivers allowable, based
on performance in a placement test on
campus during registration. Credit hours
would amount to 16 in the case of Japan-ese
or Chinese. Foreign students required
to take ENSL-I NT must take 21 hours of
work in English; those who know English
well in addition to their native tongue may
waive all language.
2) DEPARTMENT OF INTERNATIONAL STUDIES:
One 300, and two 400 or 500-level courses ____ 9
Note: Partial waivers allowed, although all
students must take at least three (3) credit
hours of work. Area specialists and Inter­national
Relations majors usually waiver
three hours.
3) DEPARTMENT OF WORLD BUSINESS:
WB-310, WB-320, WB-330, WB-340, WB-350 _ 15
Note: Waivers allowable on all five courses.
At least 12 hours of unspecified 400 or
500-level courses, not subject to waiver ________ 12
No previous study in Business, Economics, Mathema­tics,
Modern Languages (other than English), or In­ternational
Studies is required for admission into
AGSIM. One can start from scratch (with a bachelor's
degree and average GMAT score in the mix) and in
twelve months earn the degree of Master of I nter­national
Management and be prepared for an inter­national
career.
Naturally, all alumni who return to the campus in the
Fall Semester 1978 or later to complete the MIM de­gree
requirements must also have at least 12 hours of
400-S00 level courses in the Department of World
Business.
Raul Masvidal to Head 1978
Thunderbird Fund
Raul Masvidal, '66, Chairman of the Board of
Biscayne Bank in Miami, Florida has accepted the
International Chairmanship of The Thunderbird
Fund for 1978. He will succeed Joseph M. Klein,
'47, Executive Vice President of Cyprus Mines
Corporation, who has served as International
Chairman of the Fund since its inception in July
of 1976.
Mr. Masvidal worked with Citibank in New York
and Puerto Rico from 1967 to 1973 where he was
resident Vice President. Following that he was
President of Royal Trust Bank in Miami until
1977 when he became Chairman of the Board of
Biscayne Bank.
American Graduate School of International Man­agment
indeed is fortunate to have such distingu­ished
and capable leadership in this important
development program.
10
ATTRACTING DESIRABLE
THUNDERBIRDS
Dr. Robert L. Gulickl Jr.
Dean of Admissions and Foreign Student Advi .. r
When I arrived at the then American Institute for
Foreign Trade on March 4, 1964, there were 221 regu­lar
students enrolled including five women, thirteen
international students, and a reasonable facsimile of
zero American minority persons. My mandate was to
increase the student body to 300 and to widen its
geographical representation. In the Spring Semester
of 1977, 967 were registered, including 230 women
and 179 from 58 countries. This tremendous growth
is largely traceable to the plan of using Alumni Edu­cational
Counselors to recruit on campuses near their
residences. Early in the game, it became clear to me
that it would never be feasible for the faculty and
staff at AI FT to travel to hundreds of campuses every
year. Fortunately, President Arthur L. Peterson agreed
and fully supported the program and the foundation
was laid for successful student recruitment. The
alumni were first listed in the January 1965 Bulletin.
During the Peterson presidency, enrollment jumped
from 350 in the spring of 1966 to 507 in the spring
of 1969, from 408 in the fall of 1966 to 590 in the
fall of 1969.
American Graduate School makes around 300 campus
visits a year as compared with perhaps twenty for the
average graduate school engaged in such activity.
Alumni can visit five campuses for what it costs a
staff member to visit one.
The increase in the proportion of women and inter­national
students is no accident. The career climate
in 1965 was such that company recruiters did not want
to interview women. More recently they have come
to interview women only. By 1982, it would be in the
interest of the School's financial viability to realize a
student body comprising thirty percent women and
twenty-five percent foreign students. Last year, wom­en
made up over forty-seven percent of America's
college population.
With the strong and unabated support of Acting Presi­dent
Berger Erickson, the drive for more and better
students continued full speed ahead, and the 750
figure was passed for the first time in the fall of
1970. The first summer session in eighteen years got
off to a timid start in 1971 with 182 students. Ad­missions
requirements as measured by grade point
averages and GMA T scores have risen along with en­rollment.
We expect 650 to 700 in 1978. Like Dr.
Peterson and Mr. Erickson, President Voris has fully
understood the importance of sponsoring campus visits
by alumni and of providing adequate funds for the
recruitment operations. This year Congressmen John
Rhodes and Bob Stump have been instrumental in se­curing
for the Admissions Office the addresses of edu­cational
advisers at American military installations in
America and in Europe and Asia. AGSIM offers re­training
to the retired veteran seeking a second career
as well as to the twenty-five year old with an inter­national
outlook and a desire to secure maximum re­turn
from the use of the GI benefits.
Over the last half-dozen years, the outstanding alum­nus
in student recruitment has been Mr. John James
Arthur, Registrar and College Relations Officer. His
has been the tedious task of carefully selecting several
thousand faculty members to receive our publications
and of inviting many hundreds to participate in our
campus luncheons. In this effort he has been ably
assisted by Mrs. Julia Harvey, whose son, Thomas, is
an Alumnus Educational Counselor.
As the number of American male students remained
fairly stationary, the growth of the School was trace­able
to the influx of women and scholars from over­seas.
More challenging than attracting either of these
groups is the problem of reaching American minori­ties.
Is there something special that AGSIM can offer
the Chicano or the Afro-American or the person of
Japanese or Chinese extraction? The answer is doubly
affirmative. The School can enhance the student's
life-long earning capacity and it can enable him to
recapture his cultural heritage.
I BM a couple of years ago donated funds to the
School for the strengthening of our efforts to recruit
American minority students. The grant enabled us to
prepare and distribute "Unity in Diversty" placards,
to participate in the first national convention for
greater opportunities for Blacks in higher education,
and to communicate with hundreds of faculty members
and administrators who are concerned about profes­sional
and higher education for Afro-Americans, His­panic
Americans, American Indians, and Asian Amer­icans.
The attempt to make our student body more repre­sentative
of America is a move to involve more mem­bers
of those segments of the population that have
the most to gain through the management education
available at Thunderbird. Nisei, Chicanos, and Blacks,
like international students, can be regarded as learn­ing
resources. There is no finer service that AGSIM
can render America than to promote the principle of
"unity in diversity," to work for the "peace, brother­hood
and prosperity" that the Thunderbird symbolizes.
Universal representation is the impossible dream of
the Admissions Office, even as universal participation
is the ideal state for Mr. David Merchant's develop­mental
work.
The Greeks mistakenly thought that stagnant water
purified itself. In modern America, it is becoming
daily more clear that a private college should not seek
a position of isolation but rather pursue a policy of
cooperation, the strength of the strong. We now have
various arrangements ranging from gentlemen'S agree­ments
to formal contracts with Southern Methodist
University (M. B.A.-M.I.M'>, University of Denver
(M.I.M.-Ph.D'>, University of Arizona (S.A.-M.I.M'>,
CAMPUS NEWS
BeST TEACHERS - Spring, 1977
James Mills (World Business)
Lilith Schutte (Modern Longuage)
Beverly Springer (International Studies)
BEST TEACHERS - Summer, 1977
Elayne Parshall (Modern Languages)
Wallace Reed (World Business)
Beverly Springer (International Studies)
Spring '77 Graduation
AGSIM's largest graduating class-480 students strong-was
honored May 20 in the 30th annual, outdoor commencement. The
crowd of relatives and friends that spilled onto ond into the
oleanders also was the largest to attend graduation ceremonies
in the school's history.
The speciker, Fletcher L. Byrom, chairman of the Boord of Koppers
Company, Inc., Pittsburgh, challenged the closs to search for
solutions to the problems that are vexing mankind today, i.e. en­vironmental
economies, waste disposal, relat ive safety of nuclear
plants, and other equally disturbing questions of the day.
Margaret BaldWin, a graduate of Tufts University, received the
Borton Kyle Yount Award.
Summer '77 Graduation
Somebody in this closs of 178 graduates knew something! Fore­gOing
the usual outdoor commencement exercises-which incident­ally
has never been postponed because of weather-the closs voted
to stage its final, official activity at the Arizona Biltmore, one of
the country's most famous resorts, in Phoenix. One hour before
the coveted degrees were presented, the rains began to fall on
Thunderbird campus!
Snug inside the scrumptous ballroom, Karl Eller, president of
Combined Communications, Inc., and a member of the school's
board of trustees, championed the couse of increased communi­cation
as the " key for combating the publ ic's distrust of the
free enterprise system." He asked them to accept a responsi­bility
for informing the public of the many misconceptions about
business.
The Borton Kyle Yount Award was presented to James Haag Jr.,
of Massapequa Pork, N.Y.
11
and the Fletcher School (M.I.M.-M.A.L.D'>. Arrange­ments
are being negotiated with Drury College (B.S.­M.
I.M., M.B.A.-M.I.M'>, Aoyama Gakuin University
(M.B.A.-M.I.M'> and the University of San Diego
(M.I.M.-J .D'>. Dean Geer and I are exploring possible
avenues of cooperation with some one hundred fifty
other schools including the leading women's colleges
and many of the world's most prestigious institutions.
The purpose is to facilitate the recruitment of the
most desirable students.
Affiliation with the National Association for Foreign
Student Affairs (NAFSA), American Friends of the
Middle East (Amideast), and the Institute of Interna­tional
Education OlE) facilitates reaching international
students. The writer is chairman of the NAFSA Ad­missions
Section, Region II, and has been named chair­man
of local arrangements for the NAFSA corwen­tion
to be held in Phoenix in 1979, sponsored by
American Graduate School. The growing national and
international recognition of the school should be very
gratifying to the 12,000 (mas 0 menos) Thunderbirds
around the world.
Two new residence halls were completed in time for 1977 sum­mer
semester ond 48 students lived on campus a little better than
their peers.
The buildings are loco ted on either side of the Administration
building and were designed to harmonize with the ranch'style
architecture of Arizona.
Mrs. John Kieckhefer, whose generous contribution to the school's
capitol fund made construction of one residence hall possible, was
honored guest at ceremonies June 18 when the building was dedi­cated
in honor of her late husband, a paperboard industrialist.
AG$IM's annual doy-Iong Interfest was capped with the first In­ternational
Boll on a early Spring night lost April and, hopefully,
a new social event fqr Thunderbird campus began.
Approximately 300 couples, including at least 100 Phoenix in­dustrialist
and business executives and their guests, danced the
night away to the music of a big band and under strings of pin
I ights and bright stars.
Pre-dance parties were hosted by faculty members and AGSIM
supporters ot private homes in the orea, still the champogne,
wines ond hors d'oeuvers available at the dance did not go
untouched.
• • •
Advertising ond promotional programs for Penn Tennis Balls in
Australia, Polo Frito Kentucky in Italy, Wronger's Wunderkind
in West Germany and Johnson 's Shampooing Pour Bebe in Fronce
were princ ipal presenations by students in the increasingly popular
INTERAD last Spring.
A fifth presentation, introducing a Canadian transcontinental bus­line
service offering first class airline amenities, was introduced
but the concept was so nearly impossible as to not be taken seri­ously
by the judges.
The Kentucky Fried Chicken presentation received a unamious
vote of the judges, but the other teams had strong and vocal
supporters from the students who crowded the auditorium.
Members of the winning team were Gail Ray, Jim Hoag, David
Kreckman, Mark Scott, Sarah Blodgett and Nimrod Kovacs­names
to be remembered and seen again in future marketing
presentations.
12
BALLOON RACE
The third annual Thunderbird Invitational Balloon
Race, Nov. 12 and 13, proved the most profitable ever,
attracting a crowd of approximately 10,000 and 40
balloons. The event was held under a cloud-flecked sky
for the third year.
Particulary popular were the 50-odd booths, most of
them operated by student classes or student entre­preneurs.
I nternational food, balloons, trinkets and
gadgets and cold drink booths provided a colorful addi­tion
to the aerial event.
Estimates were that between ten and twelve thousand
dollars would be netted and placed in the new scholar­ship
fund established by the Friends of Thunderbird,
originators and sponsors of the race.
Cloudless skies could be safely predicted because
the race sponsors sent two dozen eggs to the Sisters
at Santa Clara Church in Manila, with a covering letter
asking the good Sisters to advise Those Responsible
that no rain was wanted in Phoenix on. Balloon Race
days. (Space restraints eliminate the story of this super­stition,
but it worked last year!)
Some of the names of those working all year long to
make two days in November a rousing success are
Else and Lee Baker ('71), who were to orchestrate the
flow of autos, spectators and balloons, and Jane and
Kevin O'Regan ('76) who scheduled musicians, singers
and dan.cers throughout the two-day event so that no
one became bored between races.
Other local alumni who contributed their talents to the
event were Doris and Jordan Paine ('47); Marie and
Noble Blackshear ('73); Mary and David Ogilvey ('72);
Mabel Erickson ('65); Ann and Gary Goodman ('71)
and Virginia and Tom McSpadden ('65).
A gala International Dinner and Auction was scheduled
for the evening prior to the races, and some extreme­ly
valuable items were made available to the highest
bidder.
Among those who donated articles of value (reported
Oct. 1), were Christof J. Scheiffele, Michael Bennis,
Dave Mayo, Philip R. Hanson, Leslie Spector, David
Long, Winnie Aquino, George R. Lindahl Jr., Terry
Thomas, Bruce Blankenship, David R. Schmeltz, Ger­ald
E. Rupp, Norman Baum, Ivan Berger-Grosz, Kurn
F. Kruger, Rolf F. Labhard, R. L. Rigney, George De­Bakey,
Einar Bergh, George R. Lindahl, Mike A. San­tellanes,
David B. Terrar, Clifford Bevens, William H.
Holtsnider, Robert Steinmetz, Taha Kassama, John R.
Timmel, David M. Sullivan and Gerald C. Mordret.
What is FOT?
Who is - what are - Friends of Thunderbird??? If
you've heard a little and wondered a lot, here come
the answers. Friends of Thunderbird is the school's
supportive group, composed of men and women, alums
and non-alums, young and old, residents of the Phoe­nix
area and far-away friends. All share an interna­tional
viewpoint and concern, and a belief that AGSIM
is a great, important place full of outstanding students.
Five years ago, Mavis Voris, dynamic blonde wife of
President William Voris, carefully picked a handful
of "doers" who were fans of the school to establish
the organization. Founding president was Mrs. Jordan
Paine, whose husband was in the first graduating
class in 1947. Working with her were Mrs. Eugene
Tompane, Mrs. Tom McSpadden, Mrs. Lee Baker, Mrs.
William Shields and Mrs. Russell Wright. With Mrs.
Voris as advisor, the group established a set of by­laws
and then plunged into project number one, which
was an airport pick-up of foreign students who ar­rived
at hours when there was no transportation to
the school.
Still concerned with the isolation of the students and
the campus, Friends of Thunderbird decided to make
new students feel more welcome by sponsoring an
open-house-which ended up at the Voris' home. Now
it's a tradition at the beginning of each semester for
new students to meet the President and Mrs. Voris,
Friends of Thunderbird, and each other, at an informal
gathering over beer and sangria and plates of goodies
made by FOT members. Students and FOT members
often strike it off particularly well, resulting in one ­part
of the home hospitality program. It's designed pri­marily
for foreign students but includes Americans as
well . It means an international student can view the
Phoenix area from the point of a resident somewhere
in the Valley and share that family's home life, hav­ing
friends in the community as well as being just a
student in it. FOT also works with ASLC to provide a
one-day bus tour of the greater Phoenix area at the
beginning of each semester for new students. FOT
is responsible, too, for the school's sign on 59th Ave.
and for a portable electronic podium.
At the end of its second year, FOT established a stu­dent
emergency loan fund that's for small, short-term,
no interest loans. Started with $500, it always has an
excellent record of money returned and a number of
grateful students have added a little to the fund as a
thank-you. With various donations, the fund now
stands at $1,200, with business as brisk as ever.
And of course the Thunderbird Invitational Balloon
Race! In 1975 the group decided the school needed
an endowed scholarship fund whose proceeds were
awarded strictly on the basis of need and future po­tential.
The group, under then-President Mrs. Eugene
Tompane, agreed to undertake a hot-air balloon race
to be held on the campus in early November. A wild
idea-a wilder weekend! Both the campus and the
community loved it! Steve Merrill served as Balloon­meister,
and Mrs. Jordan Paine as Chairman. The re­sult
was 19 balloons, about 3,000 visitors on the cam­pus,
and a profit of $1500. The word spread in a hurry
that this was a well-organized race, that the campus
was an interesting place, and that the whole event was
fun for the spectators who could eat at student booths
and be entertained by student talent as well as hot-air
balloons and their pilots. In 1976 the race had 32
balloons, about 10,000 spectators, and a profit of
$7000. With $8500 in the fund, the initial FOT award
was made in October to Yasumichi Aoki, of Japan.
ALUMNI ASSOCIATION NEWS
Chicago
Thanks to BOB BEAN '4S, Chicago T'Birds enjoyed the Chicago
Industry and Commerce Building as their setting for a cocktail
party, April 1, 1977. DIANE CONNELLY, Alumni and CHARLES
MANNEL, Placement, were present from the American Graduate
School.
Lo. Angeles Chapter
Alumni in L.A. Left to right: Pres. Bill Starkey, Doug Haydon,
Larry SchoeHer and Hank Hudson.
Quad City
TOM and MARY ZAPP, ('76) hosted a QUAD-CITY Thunderbird
party Sunday, August 7, in Davenport, Iowa.
Milwaukee
The MILWAUKEE area T-Birds gathered on August 6, 1977 for
a family picnic at J. W. Kohler - Terry Andre State Park.
Among those present were ROSS MILLER ('77), NANCY VAN­DENBURG
('76), JACK SCHALL ('76), BILL CRADDOCK ('76),
ERNIE KANGAS ('73), DAVE WEBER ('6S), PETER NOBLE ('6S),
DAVE DEMING ('74), RICK LOHMAN ('75), BILL RICHOUX
('77), WILLIAM BRININSTOOL ('74), MIKE KAVANAUGH ('72),
PAULA MESSER ('76), BARLOW WESTCOTT ('77) and BRUCE
NORTHRUP ('74).
13
The 1977 Balloon Race Weekend scheduled special
events for alums who'd found out this is the most
fun time to visit the old campus. Alums who'd like to
be a part of this active group that's an official part of
the school are welcome, wherever they live. Friends
of Thunderbird meets five times a year, usually pre­senting
a program of international interest, sometimes
on the campus, sometimes in different parts of the
greater Phoenix area. Between meetings a periodic
newsletter is sent out to the members, many of whom
are out of the area but are anxious to stay part of
the active group. Dues are $10 for single, $15 for a
family, $25 for an associate (all leisure, no work),
and $250 for life. Life membership monies are all
donations to the group's scholarship fund and are tax­deductible.
For information or membership, write
Friends of Thunderbird, Thunderbird Campus, Glen­dale,
Arizona 85306. (D.P')
Quad City Party
New Orleans
Thanks to ROD TAYLOR ('75), NEW ORLEANS alumni met in
the Plimsoli Club at the International Trade Mart on May 26.
KEITH and JULIE CROMLEY ('75) and LEN and DEMETRA
BROCKMAN ('75) hosted thirty, including local alumni and pros­pective
employers and students. Guests from the American Grad­uate
School were JOHN ARTHUR, Registrar and College Relations
Officer, STEVE BEAVER, Dean of Students and BILL KING,
Chairman of English as a Foreign Language.
The following were in attendance: JOHN ARTHUR ('57), LARRY
PERETZMAN ('76), STEVE STRAWN ('67), BRUCE MacKINNON
('70), JOHN CROOKS ('72), JACK RYDER ('5S), GREG DONNAN
('75), ROD TAYLOR ('75), KEITH CROMLEY ('75), BOB HINE
('75), DEMETRA BROCKMAN ('75), LEN BROCKMAN ('75), and
GLENN LITTLE ('75).
New York City
Wrote organizer MIKE CROTTY ('7<4) concerning the T-Bird gather­ing
on May 7 at the New York Athletic Club overlooking Central
Park, "It was a rousing success - about 100 attended. Since the
weather was beautiful we were able to extend the time from 3-S
p.m."
"Under the Clock" at the Biltmore Hotel was the meeting place
on October 30 for DIANE CONNELLY ('56), L. YVES COCKE
('60), GARY PACIFIC ('72), PAUL SIMONS ('70), KEMP JOHN­SON
('74), RICHARD L. SAINT-AMANT ('75), TONY SOUZA
('77), JAMES TUBRIDY ('76), PAOLO E. COLOMB I ('76), VIR­GINIA
SHER ('76), RON BORUM ('76), RON PERCIVAL ('74),
GORDON KALLIO ('74), JAMES McCARTER ('76) and BETH
BABICH ('77).
DENNIS FERGUSON ('73) aided by CHRIS GORSLINE ('76) se­cured
the Harvard Club facilities on September 7 where 45 alumni
enjoyed on excellent talk by professor JOAQUIN DUARTE on the
Signing of the new Panama Canol Treaty.
Northern California
Always popular BERGER ERICKSON, "Mr. T-Bird," brought out
more than 50 BAY AREA alumni to the San Francisco Press Club's
private dining room on May 24. Area planners met June 21 for
lunch.
14
ALUMNI ASSOCIATION NEWS
Portland, Oregon
PORTLAND alumni honored retiring president BARKER BATES
(' 51) and welcomed entering president LARRY LAMB ('69) at
dinner July 16. New Board members include CRAIG ADAMS ('72),
TONY MICHAELSON ('65), DON OGLE (611, STEVE ENGEL ('74)
and STEVE HALL ('68>'
Southern California
One hundred and forty SOUTHERN CALIFORNIANS drank and
ate at CASTANOLA'S June 18 and honored new graduates as
well as DIANE CONNELLY, Director of Alumni Relations. The
group steering committee includes (past-president) JEFF RUBY
('72), (president) BILL STARKEY ('72), DOUG HAYDON ('74)
(treasurer), LARRY SCHAEFFER ('60) (publicity and Thunderbird
Fund), HANK HUDSON ('76) (speakers' bureau), LLOYD STRAITS
('66) (placement), BARBARA RISTINE, PIERRE ZARCH ('70) and
GEORGE MARLIN ('76).
A September 10 family beach party at EL SEGUNDO BEACH at­tracted
75 alumni and their families. Thanks to DOUG for the fine
food, HANK for the tent, LARRY for the facilities, and JEFF
and BILL for general organizing efforts.
OTHER COUNTRIES
Costa Rica
Reports BETTY DAHLSTROM, (JAMES, '58) of the March 9 picn ic
in the Dahlstrom's garden, " MIKE SANTELLANES ('60) did the
honors at the barbeque - don't think we could do without him."
CAMPUS VISITORS
Visito" Firm Location
LeRoy Anderson (J61) _____ .E. F. Brady Co. _______________ California
Winnie Aquino (A73) ___ Astrotrade Philippines Inc._ Ph ilippines
Robert S. Ballantyne (J70L __ --- _____________________________ Vermont
T. Michael Bartley (M77L __ --- _________________________________ Texas
Janet Wright Bass (A74L __ --- _______________________ California
Ron Belczyic (D72) ___________ Industrial Liaison ______________ California
Tom Bolmgren (A73) _______ .Bank of America ___________ Denmark
Ph il Cavanagh (J58) ________ Texaco IntI. ___________________ England
Dave & Mary Clough (J64) USMC _______________________________ California
Juhn S. Cole (J61) ________ G. D. Searle ____________________ Japan
Keith L. Cromley (D75) __ -Strachan Shipping ____________ Louisiana
Michael Curtiss (D75) _______ Arizona Bank ____________________ Arizona
Mark E. Daniel (J69) ______ Brown & Root __________________ Arizona
Lundy Deming (M74) ________ Deming Motors _________________ Michigan
Paul Donnelly (J67) __________ Rendimax-BND ________________ Venezuela
Jonathon J . Erb (M72) __ Clorox Co. _____________________ California
Gerard Mordret (M70) ________ Firestone IntI. ________________ Mauritania
Eugene A. Gillis ______________ Retired ______________________ Wisconsin
Don Groves (F49) ____________ Natl. Academy of Sc i. ___ Washington
Tom Hakim (M77) __________ Owens-Illinois _________________________ Ohio
Linda Hans (D72) _________ .G. D. Searle ________________________ lIlinois
James E. Hansen (A73) ____ Citizen's Fid. Bk & Trust. _ .Kentucky
Kirt S. Hart (J64) _____________ .Bomag Div. of Koehring Co. ____ Calif.
Lee Hendricks (J68) ___________ --- ______________________ .Arizona
L. Robert Hood (A76) ________ Vermont Business World ____ Vermont
Charles V. Huffman (A74) Girard Bank ________________ Pennsylvania
William Jasper (J69) _________ -Self-Employed ___________________ California
Bill Johnson (J60l ___________ . Powerine Oil Co. _____________ California
Robert H. Kent (M76) _______ Bekins IntI. _____________________ California
Perry P. King (A72) ____________ --- ____________________________ Colorado
Kenneth H. Kline (M7]) ___ Liberty House ___________ . ______ California
Gunter H. Kohlke (M73) ___ Air Operations IntI. ____________ . Bahrain
Michael Kolb (M74) _________ First Wisc. Natl. Bank ____ Wisconsin
Chris Larsen, Jr. (J65) ______ .Carter Wallace IntI. _____ New York
Maximo C. Lou (072) ______ Technoserve, Inc. _________ EI Salvador
Fred & Mary Leisering (J47l.Sears Roebuck de Colombia Colombia
Harry Lewis (J47) _____ Retired _______________ Texas
George Makoge (D76) ________ Pan African Gifts ______________ California
Vincent Malloy (M74) _____ .AVCO _____________________ .Saudi Arabia
Mike Manion (A77) ______ . Self-employed _____________ COlifornia
Tom Mansfield (J70) _______ .American Hospital Supply _ Mexico
Mary McCaw (M76) ____ . IU Low School ______________ Indiana
Grant E. McDonald U67l. __ Std. Chartered Bk, L TD _______ lIlinois
Shoun Mcintosh (A74) ____ Polysar Limited ____________ Michigan
Andries W. Mellema (A74) Firestone IntI. _______________ Portugal
Paulo Messer (M76) ________ Quaker Oats Co. ___________________ lIl inois
Mac Messinger (M72) ______ American Express ________ Germany
Madrid
MADRID Thunderbirds enjoyed cocktails with MIKE and ROBERTA
BENNIS.
Mexico City
MEXICO CITY alumni are meeting regularly and planning a
chapter contribution to the Thunderbird Fund, reports CRAIG
DUDLEY (,58l.
Singapore and Hong Kong
SINGAPORE alumni STEVE and MAGIE HEINER '62, enjoyed
visiting with Mr. and Mrs. Leon (Connie) Estes August 19th at the
Hilton.
In HONG KONG, LEON and CONNIE ESTES met with alumni TOM
SHEEHAN '61, HORACE BOWMAN '61, JAMES SWEENEY '61
and TERRY O'MALLEY '69, for cocktails.
HONG KONG alumni also entertained professor JOHN LIND­HOLTZ
while he was there.
Thailand
Twenty-three Thunderbirds, including wives, met in June at the
home of CLIFF BEVENS ('50) for a pot-luck Italian dinner. Enter­tainment
was focused on slides and pictures of Thunderbird days,
brought by various alumni.
Mike Montgomery (67) ____ _ ___________________________ .Arizona
Bob Morris (M76) ____________ .Amerace ________________________ New Jersey
Jean E. Myers _________________ Retired ______________________________ Canada
G. Kelly O'Dea (D72) ________ Ogilvy & Mather _______________ New York
C. Olsen (D73) ________________ Chemical Bonk ________________ New Jersey
Jose L. Ortego (M76) _______ Caterpillar Co. _________________ lIlinois
Brian M. Payne (A75) _______ Color Tile ___________________________ Arizona
Curt Piper (A74) ___________ Fletcher Oil __________________ COlifornia
Dole Prentice (D75) _________ .Com. Credit Bus. Loons ___ California
Hal Reid (M711 ________________ L.H . IntI. Development _____ .California
Luis Sarrosa (M76) __________ Phoenix Philippines Inc. ______ Arizona
Jay Savage, Jr. (D75) _______ FMC Corp. __________________ Philippines
George Schaefer (J 50) ________ --- _______________________________ Arizona
Dick Schiendler (F67) _____ Manufacturers Life Ins. ___ California
Jim Scott (J67) _________________ .Johonsen Royal Tours. __ Washington
Robert Skidmore (W77) ____ oW. H. Brady _____________________ COlifornia
Malcolm Sioon (J70) ____ .Acme Visible Records _______ Arizona
Edwin D. Smith (J59) ________ Wise Chemical ___________ Pennsylvania
Wendell Sparks (D73) _______ IntI. Cultural Exchange _____ Arizono
Don Stranik (70) _________ Continental Grain Co. ____ California
Jack D. Taylor (M711 ________ Diversey LTD ________ United Kingdom
Dave Trott (A74) _________ Harris Data Communications ___ Texas
Frank Wadliegh (J49) ________ --- ____ . ______________________ Arizona
Peter W. Wefel (D75) ______ Chase Manhattan Bonk ___ New York
Dwight Winkler (074) ____ Harris Corporation _____________ -'lIinois
R. F. Zepeda, Jr. (D72) _____ .First City Natl. Bank
of Houston ______________ Texas
15
RESOURCE PERSONS ALUMNI ASSOCIATION
If you are visiting, job-hunting, moving or new to their area, the T-Birds marked "RP" will help you. If you'd like
information about alumni meetings and activities in their area, the T-Birds marked "AA" will advise you of times
and places. Let me know if you'd like to add your name to this distinguished list of AGSIM alumni who are proudly
serving their School and other distinguished alumni world-wide.
ARIZONA COLORADO (Peorio> MINNESOTA
Noble Blackshear (AA) Mimi Nettrour (RP, AA) David Traff (RP, AA) Mary McMunn (RP, AA)
c/o Arizona Bonk c/o Merrill, Lynch, Pierce, 1811 Kingsway, #F5 1671 Juliet Ave. So.
101 N. First Ave. Fenner & Smith Peoria, IL 61614 St. Paul, MN 55105
Phoenix, AZ 85003 1660 Lincoln 30th PI. tel: (309) 692-2413
tel: (602) 262-2000 Denver, CO 80264
Ken Nelson (RP, AA)
tel : (303) 759-5314 NEVADA
INDIANA
6720 N. 18th PI. Ted Strickler (RP, AA)
Phoenix, AZ 85016 FLORIDA Mark Dannenberg (RP) American Mortgage &
tel : (602) 265-2033 Robert Michaud (RP) 3025 Georgeton Rd. Investment Co.
Ed Noonan (RP, AA) 188 St. George Rd. West Lafayette, IN 47906 Suite 203, Park Sahara Ote. Mall
777 E. Camelback #202 Melbourne Beach, FL 32901 tel : (317) 463-5128 1810 E. Sahara Avenue
Phoenix, AZ 85016 Debbie Smith (RP) Robin Hess (RP) Las Vegas, NV 89104
tel: (602) 279·2221 (0) 1625 Centerville Rd. #41 242 Monterey Ave. tel : (702) 733-2075
Barbara Stewart (RP, AA) Tallahassee, FL 32303 Terre Haute, IN 47806
tel: (812) 234-3376
6529 W. Glendale Ave. NEW YORK AREA
Apt. J GEORGIA Michael Ribolla (AA)
Glendale, AZ 85301
Perry Ball (RP, AA)
3220 E. Jackson Blvd. Robert Ballinger (RP)
Elkhart, IN 46514 Asst. Prof., Business Division
c/o Citizens & Southern Natl. Bk. tel : (219) 294-2967 Siena College
CALIFORNIA (Northern)
35 Broad NW Loudenville, NY 12211
Atlonta, GA 30303 tel : (518) 783-2300
Gary Michael (RP, AA) KANSAS
1776 Monroe, Apt. H-5 Jim & Chris Gorsline (AA) HAWAII Walt Atkinson (RP) 135 Liberty St. Santa Clara, CA 95050
tel: (408) 296-0982 (H) Harry Fanning (RP, AA) 8800 E. Harry, #403 Lodi, NJ 07644
tel : (415) 783-0878 (0) 44-208 Malae Place Wichita, KS 67207 tel: (201) 472-0907
Kaneohe, HI 96744 tel: (316) 685-6858
Roland J . Willits (AA) tel: (808) 254-1221 Gerald Kangas (RP)
300 Anzovista George Hiller (RP) c/ o Citibank N.A.
San Francisco, CA 94115 Gory Miller (RP) 6732 W. 74th St. IBG Div. 1 Tube 57
c/ o Carrigan, Hoffman & Assoc. Overlane Park, KS 66204 399 Park Avenue
The Hawaii Building tel : (913) 722-2927 New York, NY 10022
(Fresno) 745 Fort St., Suite 2108
Honolulu, HI 96813 Robert Morris (RP, AA)
Roland E. Garcia (RP) tel: (808) 524-5336 LOUISIANA 5 Bedford Ave.
4325 W. Show #B Massapequi, NY 11758
Fresno, CA 93711 Keith Cromley (RP, AA) tel: (516) 799-6253
tel: (209) 442-8100 ILLINOIS 1217 Royal
New Orleans, LA 701 16 William Neumann (RP)
(Chicago) tel: (504) 524-9834 169 Charlton Ave.
South Orange, NJ 07079
CALIFORNIA (Southern) Hector Holland (RP, AA)
c/o Chemetron Corp. MARYLAND Peter Nicholson (RP)
Jim Dole (AA) Maile, IL 61265 15JonesSt.,Apt. I-A
c/o Charlotte Dole tel: (312) 563-2271 Bruce Wallace (RP) New York, NY 10011
3131 W. Pacific Coast Hwy. Bob Johnson (RP) Box 155, RFD # 1 tel: (212) 675-1056
Newport Beach, CA 92660 RE Johnson IntI. Assoc . Hydes, MD 21 082 tel: (301) 592-2811 Carlos Orchard (RP)
Roy Daugherty (RP) 1795 Taft Ave. NOSAMCO Services Inc.
626 Wilshire Blvd., Suite 816 Rolling Meadows, IL 60008 60 E. 42nd St.
Los Angeles, CA 90017 tel: (312) 358·6464 MASSACHUSETTS Lincoln Bldg.
Chuck Murphy (RP·) Paula Messer (RP) Phillippe Deymes (RP, AA)
New York, NY 10036
Calif. Wilshire Towers # 121 0 1813 Hemlock PI. #210 Morgan Manor
tel: (212) 697-6485
3460 W. 7th St. Schaumburg, IL 60172 # 50A Starwood Dr. Gary Pacific (RP)
Los Angeles, CA 90005 Randy Miller (AA) Lenox, MA 01240 c/o Crane Company
Jeff Ruby (AA) 3150 N. Sheridan # 13D tel: (413) 637-2811 300 Park Ave.
Chicago, IL 60657 New York, NY 10022
23016 Haddock Dr. tel: (312) 327-1153 Simon & Katrina Solomon (RP) tel: (800) 525-5666
Diamond Bar, CA 91765 85 E. India Row, Suite 21 E
tel. (714) 595-9943 (H) Judy Purze Boston, MA 021 1 0 John Sandor (RP, AN
tel : (213) 330-0666 (0) c/ o Britt & Frerichs Inc. c/o Philip Morris, Inc.
W. Lawrence Schaeffer (RP, AA)
Wrigley Building
MICHIGAN 100 Park Ave.
410 N. Michigan Ave. New York, NY 10010
770 W. Imperial Ave., Apt. 30 Chicago, IL 60611 Dallas Dawson (RP) tel: (212) 679-1800
EI Segundo, CA 90245 tel: (312) 222-1330 American Motors Corp. tel: (213) 322-0935
Jesse Wilson (AA) 27777 Franklin Rd.
c/o Thomas H. Miner & Assoc. Southfield, MI 48076
135 S. LaSalle St. tel: (313) 827-1000 (Rochester)
(San Diego) Chicago, IL 60657
Craig A. Starkey (RP, AA) tel : (312) 236-8745 Gloria Trierweiler (RP, AA) R. Wayne Walvoord (RP)
Campbell-Ewald, IntI. Advertising c/o Security Trust Co. (IntI. Dept,)
Box 1122 Cynthia Young (RP) 3044 W. Grand Blvd. One East Ave.
Rancho Sante Fe, CA 92067 535 N. Michigan Detroit, MI 48202 Rochester, NY 14638
tel : (714) 756-2692 Chicago, I L 6061 1 tel: (313) 872·6000 tel: (71 6) 262-31 00
16
NORTH CAROLINA
John Phi lIips (RP)
Coordinotor European Division
PCA Inti.
801 Crestdale Ave.
Matthews, NC 28105
Tom Wong (RP, AA)
clo N.C. National Bank
P.O. Box 120
Chorlotte, NC 28255
tel: (704) 374-8156
NORTH DAKOTA
Dennis Smith (RP)
Clork Equipment
Melrose Division
1 12 N. University Drive
Fargo, N D 58102
tel: (701) 293-3220
OHIO
John Blaine (RP)
6710 Somerset Drive
Brecksville, OH 44141
Harry Cockrell (RP)
c/o Ridge Tool Co.
400 Clork Street
Elyria, OH 44035
tel: (216) 323-5581
Mike Groeneveld (RP)
clo Ridge Tool Co.
400 Clark St.
Elyria, OH 44035
tel: (216) 323-5581
Arif Hofiz (RP, AA)
c/o Ridge Tool Co.
400 Clark Street
Elyria, OH 44035
tel: (216) 324·3556
Steve Mahood (RP)
31 Stewart Court
Oberlin, OH 44074
tel: (216) 775-0528
Allan Welch (RP)
14914 Lake Avenue
Cleveland, OH 44107
tel: (216) 228-5194
OREGON
D. Barker Bates (RP, AA)
1926 Olympia Way
Longview, WA 98632
tel: (206) 636-1768
Maurce B. McCullough (RP)
3418 SE Carlton
Portland, OR 97202
tel: (503) 281-9904
PENNSYLVANIA
Robert August (RP)
309-G Indian Creek Apts.
1219 W. Wynnewood Rd.
Wynnewood, PA 19096
Mike Loudon (RP)
FMC Corp. Agricultural
Chemical Div.
2000 Market Street
Philadelphia, PA 19103
tel: (215) 299-6000
Emmanuel Nsien (RP)
7805 Buist Ave.
Philadelphia, PA 19153
tel: (215) 492-9338
Joy Sovage (AA)
1700 Ben Franklin Pkway # 11 06
Phi ladelphia, Po 19103
tel: (215) 569-2460
Donald Stanek (RP)
2862 Washington St.
Easton, PA 18042
tel: (20ll 859-2151
tel: (215) 252-213ll
TEXAS
(Dallas)
Houston Briggs (RP)
3519 Bremen
Dallas, TX 75206
tel: (214) 821-5494
Hans Jany (AA)
28091 Rosedale
Dallas, TX 75205
Luis Molinar (RP)
clo Bell Helicopter
1901 Central Dr.
Bedford, TX 76021
tel: (817) 267-8161
Marcia Shelton
4506 Albott #9
Dallas, TX 75205
Dave Trott (RP, AA)
6073 Village Glen Dr. #4228
Dollas, TX 75206
tel: (214) 691-5857
(Houston)
Kris W. Anderson (RP, AA)
5314 Wending Way
Houston, TX 77091
tel: (713) 681-6596
Earl V. Dragics (RP)
10162 Haddington
Houston, TX 77043
tel: (713) 464·9768
WASHINGTON
(Seattle)
Barton L. Hartzell (RP, AA)
6322 126th Avenue S.E.
Bellevue, WA 98006
tel: (206) 641-2796
Chuck Hazen, Jr. (RP, AA)
17810 184th N.E.
Woodinville, WA 98072
tel: (206) 583-3131
Haven Stewart (RP)
12537 7th Ave. N.W.
Seattle, WA 98177
WASHINGTON D.C. AREA
Jim Benson (RP)
5228 N. 32nd St.
Arlington, VA 22207
tel: (703) 536-4152
George DeBakey (RP)
c/o Rockwell IntI.
Crystal Sq., Building 4
Suite 1200
1745 Jefferson Davis Highway
Arlington, VA 22202
George Salvatierra (RP)
1204 Portner Rd.
Alexandria, VA 22314
tel: (202) 275-5889
tel : (703) 548-4117 (H)
Paul & Chris Tveit (AA)
6800 Fleetwood Rd., Suite 915
McLean, VA 22101
tel: (703) 356-0737
John Votta (RP)
Rt. 6, Box 577
Fredericksburg, VA 22401
tel: (703) 752-2409
WISCONSIN
(Milwaukee)
Ernest Kangas, (RP, AA)
208 Oakland Ave.
Waukesha, WI 53186
tel: (414) 224-0240
tel: (414) 549-0942
OTHER COUNTRIES
AFRICA
Bill Vaught (RP)
c/o Nordex Joint Venture
Private Bag 2018
Krantzberg Mines
Omaruru, S.W. Africa
ARGENTINA
Patricio Seidel (RP)
Ituzaingo 638
San Isidro-Prov.
Buenos Aires, Argentina
tel : 743-5801
AUSTRALIA
John C. Gillett (RP)
10 Canrobert St.
Mosman N. S.W. 2088
Australia
tel: 969-4823
Christopher Kroos (RP)
c/o Chrysler Australia Ltd.
Box 1851 GPO
Adelaide 5001, Australia
Dave Wallace (RP, AA)
No. 17 Brisbane Ave.
East Lindfield
N.S.w.2070
Australia
BAHAMAS
Suzanne J. Black (RP, AA)
Allied Bank International
P.O. Box N-3944
Nassau, Bahamas
George W. Cevallas·Bowen (RP)
P.O. Box N-3229
Deltec Banking Corp. LTD.
Nassau, Bahamas
tel. (809) 322-8730
BELGIUM
Rodney Taylor (RP, AA)
Avenue Louise 418
1050 Brussels, Belgium
tel: (02) 40-11-16
BOLIVIA
John P. Kluever (RP)
clo IBM de Bolivia S.A.
Casillo 1061
La Paz, Bolivia
BRAZIL
(Recife)
Noel Land (RP)
Av. Boa Viegem 3906
Recife, Pernambuco Apt. 301
(Rio de Janeiro)
Roberto Bumagny (Paula) (RP, AA)
Rua Prof. Artur Ramos,
151 Apt. 301
Rio de Janeiro 20.000 Brazil
Ernie Escobedo (RP, AA)
Bethlehem Brazilian Corp.
Avienda Churchill 129,
Suite 402
Rio de Janeiro, Brazil
tel: 242-3885 or 222-9540
Cable: "Bethlehem"
Ria de Janeiro
Dolph Johnson (RP)
Rua Baraa de Guaratiba 218/303
Gloria ZX-O 1
Rio de Janeiro, 20.000 Brazil
Aloysia Vasconcellos (RP, AA)
Caixa Postal 64022-26-07
Leme-Rio de Janeiro, Brazil
(Sao Paulo)
Dennis J. Orio (AA)
Rua Itambe 96, Apto. 151
01239 Sao Paulo, Brazil ESP
BRITISH WEST INDIES
George E. Grimmett (RP)
Global Profits LTD.
P.O. Box 1579 Grand Cayman
Cayman Islands
British W. Indies
tel: 9-2210 (60)
CANADA
Satjiv Chahil (RP, AA)
Hampton # 1 708
322 Eglinton Ave. East
Toronto Ontario M4Pl L6
Canada
Norman Mcintosh (RP)
1375 Prince of Wales Dr.,
Apt. 1812
Ottowa, OntariO, Canada K2C 3L5
CHILE
Max Krauss (RP)
c/o Hucke Industrias
Alimenticias S.A.C.
Calle Freire 321
Valparaiso, Chile
COLOMBIA
Gabriel E. Cuellar (RP, AA)
Apartado Aereo 90877
Bogota, Colombia
Luis I. Mejia-Maya (RP)
Calle 17 #4-68, Apt. 1704
Bogota, Colombia
17
COSTA RICA GUAM MANAMA BAHRAIN- SAUDI ARABIA
Jim Dahlstrom (RP, AA) Sanford Stone (M) ARABIAN GULF
Philip C. Blaisdell (RP, AA)
c / o Super Sercicio c / o Internal Revenue Service Gunter H. Kahlke (RP) Saudi Ind. Development Fund
Apartada 992 P.O. Box 3645 AWALCO P.O. Box 4143 Riyadh
Son Jose, Costo Rico Agana, Guam 96910 P. O. Box 741 Saudi Arabia
tel : 22-55·44 GUATEMALA
Manama, Bahrain tel: 33710
James Stanley (RP, AA)
Aportado 3475 Ethan Book (RP, AA) MEXICO
San Jose, Costa Rica c/o Bank of America
Guatemala City Victar Alfaro (M)
Aguascalientes SINGAPORE
DOMINICAN REPUBLIC HONG KONG 7 vis - # 1
Kent Densley (RP.J
Sherry Dolores Greaves (RP) Allan S. Cheng (RP, AA) Mexico City, 7, D.F. Mexico
c/o Industrial Notional Bonk
CARE-Daminicana c/o Meyer Mfg. Co. Ltd. Patrick T. McLoughlin (RP, M) Suite 1007
Apartada 1411 330 Kwan Tong Rood c/o Limonex S.A. 4 Shenton Way
Santo Domingo, Hong Kong Genova 33-PH Singapore 1
Dominican Republic Bill Tak-Ming Ling (RP, AA)
Colonia Juarez tel: 2219888
Mexico 6, D.F. Mexico
George Weismiller (RP) c/o Ling·Mc Conn-Erickson Ltd.
Craig Dudley (AA) Stephen G. Heiner (RP, AA)
Apartado 1411 Watson's Estate C-l North Point c / o Gulf Trading & Transport
Santo Domingo, Hong Kong Rio Rhin #77, Penthouse Ming Court Hotel
Dominican Republic C. Gregg Wadas (RP, AA)
Mexico 5, D.F. Mexico P.O. Box 641
Trade Media Ltd. Singapore
EL SALVADOR P.O. Box K-1786 MOROCCO
John R. Arnold (RP, M) Kowloon Central P.O. Ben M'Hamed Amraoui (RP) Bill Wagner
Hong Kong B.C.C. 267 Boulevard Mohamed V 1978 Goldhill Centre
Arnold Enterprises Thomson Rd.
Box 1111 INDIA Casablanca, Morocco Singapore 2
Son Salvador, EI Salvador
J im Koessler (AA)
Y. G. Dwarkanath (RP, M) NETHERLANDS Chin Wah Ying (RP)
SRI Krishna SPG & WVG Mills 58 Hillcrest Rd . c/o Arguenta Koessler Subramanyapura Bill Syms (RP, AA) Singapore 2 SA de C.Y. Bangalore 11, Indio Postbuss 134 tel : 664868 Paseo General Escalon 4828 Koog a / d Zaan
Son Salvador, EI Salvador INDONESIA The Netherlands
tel: 23-9000 Daniel J. Goldsmith (RP, M)
P.T. Prodenta NETHERLANDS ANTILLES SPAIN ENGLAND P.O. Box 41 O/ KBY
Jock Taylor (RP, AA) Selatan, Indonesia Ian D. Compbell (RP, AA)
Blouwduifweg 8 C. Michael Bennis (RP, AA)
Diversey LTD Bo Lower (RP, AA) Curacao, Netherlands Antilles Claudio Coello 92, 4·F
Weston Favell Centre Morine Milond Bank Madrid 6, Spain
Northomptonshire NN3-4PD P.O. Box 2680/JKT NIGERIA United Kingdom Jakarto, Indonesio
tel: Towcester '50823 Christina Don-Pedro (RP)
IRAN 23, Ademola St., S/W
Nersi Sohba (RP, AA) Ikoyi, Lagos, Nigeria THAILAND
FRANCE
Poscol Cornille (RP, M)
Karin Khan Zand Blvd. Norm Baum (RP)
70 Rue Du Point Du Jour
Behjat Abad Apts. NORWAY House of Siam, Ltd.
92.100 Boulogne, Seine, France Block #8 #24-C Knud Merckoll (RP) 8 Sathorn Nua
Tehran, Iron Colbjorwsewsgy 13 Bangkok 5, Thailand
Peter Cover (M) KENYA Olso 2, Norwoy
2 Rue Andre-Pascol tel: 44-35-81 Cliff Bevens (RP, AA)
75775 Paris Jim Walton (RP, AA)
Jan Strangel (RP)
c/o Goodyear Int'l Corp.
CEDEX 16, France c/o Koehring Int. Sirinee Building
Nairobi, Kenya Scandinavian Activities a .s. 518 / 4 Ploenchit Rd.
P.O. Box 111 Bangkok, Thailand GERMANY H- 1233 HASLUM KOREA tel: 252-6141
Alfred C. Hamburg Norway
Bormerstr 33 Jung-Boe Kim (RP) Libby Ginnetti (M)
Dusseldorf, Germany Asia Cement Mfg. Co. Ltd. PARAGUAY c/ o Americon Int'l Assurance
Manfred " Lo" Locher (RP, AA) 7th Floor Doe Hoh Bldg. John Zovala (RP) 181 Suriwongse Rd.
Kirchplatz 6
75, Seosomoon Dong,
Mcol. Lopez 1532 Bangkok, Thailand
Postfoch 045
Chung-Ku, Seoul, Koreo
Asuncion, Paraguay tel : 234-9130
7932 Munderkinger Donau, Joe Suk Lee (RP, AA)
Germany c/o Korea Development Bonk Thermchai Ph inyawatana (RP) PERU 23 Sukhumuit Rood Soi 13 tel: 07393-22 .25 C.P.O. Box 28
Seoul, Korea Hector Cespedes Bravo (RP, AA) Bangkok, Thailand
Roy de Motte (RP, AA) Constitucion 292
Feldner Internatinale KUWAIT Callao, Limo, Peru
Transport GMBH
Miederlassung Riad Marei (RP, AA) Robert S. Murray
Moglingen bein Stuttgart c / o Y. Alghanim & Son Catholic Relief Services VENEZUELA
Daimlerstrosse 58, Germany P.O. Box 223 Apartado 308
Axel Mees
Kuwait Limo, Peru Gregory Buchaj
Wallrafstr, 7 c/o Chrysler de Venezuela LESOTHO PUERTO RICO Apartado 770 D·4040 Neuss Valencia, Venezuela West Germany Mary Corney (RP) Bob & Gloria Shuman (AA)
tel: 0211-80161 (0) P.O. Box MS 682 c / o Robert Shumon & Associates Indrid Podbewchek (AA) 02101 -80689 (H) Maseru, Lesotho Box 1393 c / o IBM de Venezuela
GREECE LIBERIA
Hato Rey, Puerto Rico Dpto. De Tesoreria, Apto. 388
John F. Tomlinson (RP, AA) Caracas, Venezuela
Denis Gavanas (RP) Morvin G. Dole Caribbean Properties Ltd.
Sanavag Assoc. GP liberia Tractor Co. 1 71 De Parque Susy Sagy (RP, AA)
P.O. Box 1622, Syntagma Sq. P.O. Box 299 San Juan 00911, Puerto Rico Apartado 50817
Athens 126, Greece Monrovia, Liberia tel: 725-7365 Caracas 105, Venezuela
18
CLASS NEWS
Marriages
KEVIN M. McLINDEN 77 and Christine Doone in Bartlett,
Illinois .. .. STEVE RAFFERTY '77 and Beverly Traynor in Cin-cinnati.
. .. GEORGE DAVIS CROFTS '76 and BARBARA ACKLEY
76, in Portland, Oregon . . . . JOHN ROSS POPE 70 and Maria
Elena Hernandez Kerfoot, Sao Paulo, Brazil. . . . VICTOR and
LAURA HILLOCK 71, Mexico City . . .. DAVID TULL and Sandra
Julie Harvey, Tennessee . .. . BYRON and ELLEN COELHO '7S,
Rio de Janeiro .. . . KNEAL HOLLANDER '75 and Janet Louise
Kiehn in Arcadia, CA.
Deaths
SCOTT K. BRUNE, 77 ALLAN K. JENNINGS '72 .
WILLIAM PRENDERGAST '68 . .. CARLO TOMMASI '7S .
WILLIAM A. MILLER '48.
Births
BOYS
THERMCHAI and TANG PHI NYAWATANA, ('76), Win, in Bang
kok, Thailand .. .. BILL and GERRY SYMS, ('74), William Joseph,
IV, Amsterdam ... . LARRY and TINA LOTSPEICH, ('76), Erik
Raymond, in Redondo Beach, CA. ... LINDA and ROBERT
SLATER, ('77), Steven Robert, in Louisville, KY.
GIRLS
BILL and TEDDIE DODGE, (' 69), Catherine Brown, Honolulu, HI.
... SHIRAZ and YASMIN PEERA, (71), Chalina, Scottsdsale,
AZ . . .. BILL and KATHY FUNK, (71 ), Camilla, Singapore . . ..
GARY and CANDI DRIMMER, ('74), Jenny Rebecca Martha, Van-couver
.... BARBARA and STEVE HATCH, (74), in Sycamore,
IL. . .. BUD and LIZ STERRET, III, ('72), Sarah Elizabeth,
Granada Hills, CA.
ADDRESS UNKNOWN
Charles A. Bier (J48)
Clinton L. Bagley (J48)
John D. Stewart (FSO)
Donald E. Wakeman (FSo)
Bruce Malcolm Caldwell (JS2)
Billie Eagan (JS2)
George Will iam Tregea (JSS)
Theobald H. Diehl (JS6)
Bruce S. Kershner (JS8)
James W. Hitchcock (JS8)
James S. Kilgore (JS9)
Edward G. Hubbard (JS9)
Charles H. Brassard (J60)
James D. Van Winkle (J60)
Peter E. Blanchard (J62)
Ronald L. O'Rourke (J62)
Jeremy Foster (F6S)
Mark E. Fairbanks (J6S)
John W. Greenough (F66)
William J. Mustard (F66)
Jan S. Kraemer (J66)
Jean-Claude Mousseux (F67)
Ralph E. Bailey (J67)
John C. Ryan (J67)
James W. Durst (J68)
Hubertus Sarrazin (J68)
Jeffrey F. Ruzicka (F70)
Samuel Nee (J70)
Terry Jo Alter (D70)
Ted O. Mullen (M71)
Charles J . Dowds (072)
James B. Andres (A73)
Jana Simon (A73)
Carl L. Bach (A74)
McKay C. Brown (A74)
John F. Kenny (D74)
Michael J. Hupka (D74)
Fernando Bellido (M75)
Jennifer E. Ringer (A7S)
Christopher P. H. Rosier (A7S)
Daniel J. Glenney (W76)
Bruce H. Atterbury (M76)
Michael L. Hagerty (M76)
Terry J . Sorgi (A76)
Michael Theresa McGrath (D76)
Stephen M. Bissell (M77)
47 Neil Davis served as Homecoming Chairman for the
classes of the 40's during Balloon Race weekend, No­vember
12-13 .... Charles Edmiston made his Founders'
Club contribution as a memorial to his wife Amy, who was in
charge of the nursery while he was a student here.
48
52
57
Benjamin Watters, the original editor of the "T-Bird
News," is in Burnsville, MN.
Werner A. Jung, working for Coopers and Lybrand as
director of taxation in Caracas, was recently back in the
States vacationing in Salt Lake City and in Germany on
business.
B. Theodore Troy is president of Burlington Export Co.,
in New York
59 John Varri is the finance director for Chrysler de Vene­zuela,
S.A. ... Bart Hartzell writes that he has recently
transferred to Boeing Commercial Airplane Co. Manu­factru
ing Research and Development from Boeing Marine Systems.
John R. Bogert and wife, are presently residing in Phoenix. John is
president of Arizona Desert Minerals Company, Inc.
60 Philip Morris International has placed Robert G. Heine­mann
in its Miami-based Latin American operations
department.
61 Leroy Anderson is manager of E. F. Brady Co., a con­struction
sub'contracting firm in San Diego . . .. In Tokyo
for four years now, Leighton A. Willgeront is Far East
sales manager for Hercules Inc . ... Eugene H. Miller has left Car­nation
to become associate director of institutional development
and economic affairs service at the Center for Agricultural and
Rural Development, in Fort Collins, Colorado.
62 Stephen G. Heiner has been appointed assistant area
manager, crude oil sales and acquisitions, for Gulf Oil
Co.-Sauth Asia in Singapore .... Corlos E. Cortel
edited a SS volume book series, The Chicano Heritage .... John A.
Florida writes of his new assignment as president and general
manager of Walter Thompson de Mexico, S.A. . . . Gerald M.
Frumess is now creative supervisor for the First Marketing Group
in Houston .. . . E. Leon Anderson writes, " I am now dipping pan­cakes
at my franchise in Pusan, Korea ." .. . Stephen Myracle has
moved to Guam .... Clarence H. Yahn, Jr. received a promotion
to vice president and general manager of Mexican operations for
Northern Electric Co., a division of Sunbeam . .. . From Modesto,
California, Charles E. Niemann writes that "after f ifteen years
with CARE overseas, my family and I have decided that it was
time to return to America .. . I have joined the firm of J. Oldani
and Assoc iates of Modesto, a business consulting firm ... "
63 David M. Sullivan is resident director of Union Carbide
Middle East Ltd., in Cairo. . .. John A. Meltzer is a
gold and silver trader/broker with ACLI Metal and Ore
Co . . . . Marshall Lou Carson has received a doctorate from UCLA,
main area of study, Simulation and Response Therapy . ... John
R. Huminski writes "after 14 years in international sales I am
now gOing to get a taste of domestic sales as assistant district
manager of the Philadelphia office ."
Donald I. Reid '67
67 Byron P. Johnson is moving to Paris as general manager
of consumer products for Loctite Europe S.A.R.L. . . .
John Dunmor is vice president and account supervisor
with Scott Paper Co. . . . John Robert Tyan is senior employee
relations spec ialist, R & C Division, Indonesia, for Bechtel Corpor­ation
.... Theodore A. Gurzynaki is vice president of Heritage
Bank of Milwaukee ... . Jose and Nicole Polis wauld like to con­tact
T-Birds in Belg ium to organize alumni meetings .... Donald
B. Reid has been promoted by Bank of America NT & SA from
account officer to vice president of its New York corporate services
office ... . Dennis Eugene Harman is vice president of the inter­national
division of Economics Laboratory in Honolulu .... Stein
Owre is manager of international marketing for Speidel in Provid­ence,
Rhode Island .... H. N. Hal Tune moved to Greece where
he is the regional marketing manager for the Middle East with
Textron Trading, Inc .... D. B. McCracken is transferring from
Italy to Iran with ARMCO International Corporation.
68 George Kellerman is with Dean Witter in Hawaii. ...
Vitalius J. Grudzinskas has been named sales manager
for Latin America and the Caribbean at Pitney Ba¥'es
Ivan Berger G. is group brand manager with EI Progreso Co., sub­sidiary
of R. J. Reynolds in Quito, and is also teaching marketing
at the Central University of Ecuador .. .. A. Wagner has joined
WABCO Trade Co. as area manager based in Singapore .. ..
George E. Grimmett went to Japan in October as port of the
Florida delegation of the US/Japanese South East Association ....
Working as project expediting supervisor for the procurement de­portment
of Bechtel Corporation in Edmonton is James Andrew
Montgomery . ... Dick and Fran Weden are in Singapore, where
Dick is working for American Express International, Inc .... The
World Trade Paper Corporation has recently acquired a new export
sales manager, Val Stukuls.
69 INA Reinsurance CY in Brussels promoted Christian H.
De Marget to assistant manager for treaty business in
France, North Africa and the Middle East. . . . Lau­rence
O. Harriman, in international consulting, recently was as­signed
a contract position with the U. S. Agency for International
Development and Jamaican Ministry of Health in Kingston . ...
Bruce C. Michener has been assigned to the development of the
Caribbean division of Con Agra in San Juan, Puerto Rico. . . .
Employed at McWayne Marine Supply in Honolulu as wholesale
manager is William G. Dodge, Jr • ... Cory Morton has just com­pleted
his second year with Morton International Inc .... Mana­ager
and vice president of Mellon Bank International, Edge Act
Branch is Ralph B. Hurlbutt III . .. . Richard Fredrickson has trans­ferred
to Atlanta as monager of the southeast region for American
International Underwriters . ... Peter J. Cover is with the Inter­national
Energy Agency in Paris. . . . John D. Hogen is a self­employed
consultant ... . Broker-partner is Kenneth A. Sperling'.
title with Weisman-Sperling Realtors, Inc ... . Roland Corriveau
was recently named a Valley National Bank assistant vice presi ­dent
.. .. Vladas Gedmintas is res ident vice president of Citibank,
NA in charge of the Monte-Carlo branch. . .. Alan A. Cook, II
has been named vice president of marketing services group for
Leisure Technology Corporation .... David Hilliker was appointed
ass istant vice president and account officer for Bank of America's
corporate serv ices . . . . Assistant superintendent of the L.A. power
d ivision, Bechte l Corporation in San Clemente is Mark D. Herriges.
. _ . Lo Locher announced cancellation of T-Bird meeting at
Octoberfest '77 Munich due to reservation problems and would
like to organize for 1978 . ... Chuck Hazen has joined Cit ibank
as AVP International in the Seattle loon production office ... .
William C. Templeton has a new position as director of U.S. Re­gional
Pastllre Research Laboratory, USDA-ARS in Unive rsity Park,
Pennsylvania . . . . Roger D. Moore has become vice president of
the Notiona l Bank of North America .... John C. Gillett is in
Austral ia, where he is the vice president of ACE lines and is the
manaqer of their Austral ian Agency Seatroin .... Glenn Scherk­enbach
is the pres ident of ACE Lines in Detroit.
70 Working in Akron, Ohio for Ashland Chemical Ca. is
Thomas Edgar Gilkey .... Geoffrey D. Brown, appointed
director of administrative services for Best Western, is at
their ne¥' international headquarters in Phoenix .... After six years
in international business, Stephen Wright f inished his master's
degree in psychology and is working as a group counselor in Oak­land,
Cal iforn ia .. . . Larry Cheek is a senior marketing associate
with Lockheed-Georgia Co .... Larry Edstrom is serving as re­gional
comptroller for Citibank's Middle East and North Africa
Region. He is based in Athens, Greece ... . Recently promoted
to ossistont vice president of Bank of New York' s Singapore
branch was J. Laurence Jones III. .. . Kimball T. Hillencamp as­sumed
the presidency of Circle W Supply Co. . . . Charles A.
Segolas is director of marketing and sales for Swensen's Ice cream
Co. and president of Forbes Manufacturing Co .... living in lar­edo,
Texas is Gustavo Peno, Jr. .. Michael Monteglos is with
the First National Bonk of Atlanta .... Moving from Fairbanks
to take an assistant professorsl'lip of management at El izabethtown
College is Don Muston. . . . Assistant manager of Roya l Bank
of Canada in Puerto Rico is Michael R. Ryan. Ken Franklin Laverty
is assistant purchase agent for Bechtel Corporation in Son Fron­cisco
.... Roland Willetts is d irector of f inance at St. Rose Hos­pital
in Hayword . . .. Craig E. Morehouse and his family will
reside in Cape Town, South Africa for three years beginning in
December. Craig is managing director of Griff ith Laboratories ... .
Domin'1ue Matron returned to AGSIM to complete his MIM ... .
Fred R. Leenerts is the te rritory manager for John Deere Inter­continental,
LTD., for the Philippines, Taiwan and Thailand.
19
71 George W. Howard, " is director of the international de­partment
of the life and health division of the Continen­tal
Corporation .. .. Assistant vice president of Security
Pacific Bank in Los Angeles is Chuck Murphy .... In Puerto Rico,
Robert C. Hill is with Chase Manhattan Bank. . . • Transferring
from area manager Benelux to manager, marketing, planning and
analYSIS for European operation of Medtronic, Inc. is Bruce E.
Roman • ... He would like to contact other alumni in Paris .. ..
Elizabeth C. Lygren has been appointed to Citibank N.A. corporate
banking unit which serves Connecticut . .. . Phillip N. Strongin is
manager of the export department of Bartlett and Co. . . . John
Hamilton is with GIF as a European manager in Aberdeen, Scotland.
· .. Working with Dresser Gilfrod Products in the North Sea is Bob
Dewolf • . .. Gory LongstoH and his bride are moving to Mil­waukee.
. _ . Cavitron Surgical Systems' new international mar­keting
manager is William T. Kelley, Jr . . . . Fidelity Bonk and
Trust Company of Philadelphia has James C. Wills as assistant
vice president in charge of their Mexican office ... . Dennis Orio
was promoted to director of new business development for all
of Brazil, with Argos Cia. de Seguros. . . . A law practice has
been stearted in Mesa, Arizona by John M. O'Hara . . . . Michael
Leary has been promoted to director of operations at Crystal Pork
Community, in Crystal Pork, Colorado.
72 Thunderbird alumni with Bechtel Corporation include
Robert Von Johnston, plan ond system supervisor in
construction, Son Francisco, and James Harry Lardley,
accounting supervisor, M & M Division, Toronto, Canada ....
Carter R. Momberger is Caribbean sales manager for Commerce
Drug. . . _ A manager for Clarox Co. is Jonathan J. Erb. . . .
Gary Cunningham is For East sales representative for Bucyrus-
Erie Co. in Singapore . ... Mark J. Belisle is managing director
of Glastron International. .. . G. Phil Kincaid is assistant con-troller
of Firestone Switzerland .. .. Regional director of the For
East for American International Group is Mike Powell . • •• George
L. Hiller was recently promoted to assistant vice president in
the international deportment of Commerce Bonk of Kansas City,
N.A. .. . Harold George Thurstan has joined the export depart­ment
of Worthington Pump Corporation in Shawnee, Oklahoma.
· . . Joseph A. Lombardi is in Germany as assistant vice presi­dent
of Manufacturers Hanover. He was visited by John and
Nancy Fleming, who live in Manila .. .. Audio Visual Services,
Inc. of Houston has Steven L. Toms as director of marketing .
· . . Bill Starkey is the marketing manager for Piper Aircraft.
· .. Working in Tokyo is Peter C. Anderson, assistant manager
for Japan with AFIA Insurance. . . . Richard Crail is a sub­contractor
administrator wi th Hughes Aircraft in Los Angeles ....
Jim Clement is with the export deportment of Martini Rossi
International in Paris. . . . With Ridge Tools Inc. are Dave
Ransome in Colombia and Mike Groenoveld in the Caribbean ....
Jim and Michiyo Echle are in Singapore where he works for Sales­bury
International, Inc .... Mark Pittman is a producer and di­rector
with Clear Concepts' motion picture production in Vail,
Colorado. . . . Michael C. Bruce is assistant vice president and re ­presentative
for United Cal iforn ia Bonk in Rio de Janiero ....
in London with the First City Notional Bonk of Houston is Harry
F. Koalen • ... Dwan L. Shipley is currently teach ing French and
Spanish at Gallup High School. ... Roger P. Fuller is with Koeh­ring
Co., Europe B.V. in Amsterdam ...• Susy A. Sagy is the
branch manager of Johnson and Johnson de Venezuela, in Caracas.
73 Dean Johnson recently transferred from the domestic
d ivision to the international sales division of Bucyrus­Erie
in Tehran, Iran . .. . Dave Tull is princ ipal of the
Shekinah Christian School. . . . Recently named regional sales
manager in charge of Hilton International 's Toronto office is
Gerd Stippinger. . . . Richard M. Greenwood has been promoted
to assistant vice president by NCNB International Bonking Cor­poration
.... Western regional manager of safety and environ­mental
health with St. Reg is Paper Co. is Fred Bruns .. •• Law­rence
C. Giessinger has been promoted to assistant vice president
of First Pennsylvania Bonk's international deportment in Singa­pore
.. . . Marvin Massey is employed by San/Tex Industries as a
trader. . . . Presently employed by Boer American Bonking Cor­poration
in New York, Susan Stevens is involved in Latin American
company loons .. . . In Manila, John Howell is international mar­keting
director for Pr ism International Marketing ... . Mike Re­bolla
would like to contact Indiana Thunderbirds . (219) 294-3521
(office), (219) 294-2967 (hamel. ... G. T. De Bakey has a new
assignment as monager of international representation for Rock­well
International. .. . Ph ilip Morris U.S.A. has appOinted John N.
Sandor manager, headquarter sales operation . . . . Willard Hunter
20
is sales representative, arganic chemicals, with Dow Chemical.
Sarah E. Tarraf has joined the American International Group ....
First Pennsylvania Bank's internationol department has promoted
George J. Karklins to assistant vice president of their Frankfurt
representative office .. . . Eino A. Huhtala, Jr. has a consular posi­tion
at the American Consulate in Chiang Mai, Thailand.
James M. Janovsky was elected international officer of Central
National Bank of Clev~land's international department. . " .
Thunderbird alumni with Bechtel Corporation include Jack S.
Kitchen, senior field buyer R & C Division, Indonesia; David A.
Peterson, section supervisor, Treasury Department, San Francisca;
Valerie Schweyer, cost engineer P & EC Division, Algeria; and
Hall Tab Walker, field engineer PL/D Division, San Francisco.
Alban Toulemonde is with A.I.G. Insurance in Caracas . ... Jim
Bauer has moved from the Brazilian subsidiary of Ridge Tool Co. to
the Coribbean .... Alan G. ~ordell was named assistant director
and manager of the trade development division of the Washing­tan
State Department of Commerce and Economic Development.
John Sandor '73 James Janovsky '73
74 Homas Kurt Fuegner is an employee relations specialist,
R & C Division, San Francisco with Bechtel Corporation.
... Rolond S. Wuor has joined ECOWAS Fund's staff
in Togo .... With National CSS as a marketing representative is
Stanley Goldsmith . ... Now in the Athens office, Worren Feller
is district soles manager for Clark International Marketing, S.A.
. . . James M. Sherfey is Northeast and Canadian operations man­ager
for Floating Point Systems, Inc .... In Dubai, Tapan Sinha
is regional manager for E.E.P.C. ; Tom Hallal is with First National
of Chicago; Abu Zeid is with Chemical Bank, and Greg Milliman
is with the Willamette Valley Co, as a sales representative ....
Julie Houk Goodrich has a new job as assistant product manager
for Plonter's / Curtiss division of Standard Brands .... Now with
Braniff Internationol, Brion Fay has a position as area sales man­ager
in Ft. Worth. . . . Joe Elliott is a sales representative with
Sandoz Pharmaceuticals .... Alfred Pick was recently commis­sioned
a first lieutenant in the 36th Airborne Brigade, Texas
Arms National Guard ... . Tom Horris is with the Air Force in
Honduras. Marcie works as a clinical psycholog ist .... Hanover
Trust Co. has employed Lawrence R. Keeler in its international
division .. . . Steve Hockett is manager of marketing for HC & D
Forwarders International of Burl ingame . . .. Barry L. Heimbinger
will be a representative in Citizens & Southern National Bank's
office in Singapore . . .. Working with Facings of America, Inc .,
Stephen Bartley's job is related to solar energy. . . . Thomas R.
French is working for Firestone International Sales Corporation
and will be on an extended tour in Hong Kong and Southeast
Asia .... Paul S. Fronczek recently joined FMC crane and exca­vator
di vision as overseas manufacturing coord inator .... Target
Advertising Services at Meldrum and Fensmith named Douglas M.
Arnold account supervisor .... Pascal Cornille is export inspector
in charge of U.S. and Canada Sales for Sa int Gobain in Paris ... .
Etienne Igersheim is in Alsace with W. R. Grace and Co ... .
Michael R. Litton is with Woodward and Dickerson, an interna­tional
commodity marketing company in Philadelph ia .... Em­ployed
by the Comptroller of the Currency, David J. Welch has
spent two months in an-site examinations in Southeast Asia ....
Richord Michoel Smithers will assume his assignment as special
representative--earthmoving, British Columbia and Alberta, with
Caterpillar Americas Co . . .. The Girard Bank in Philadelphia hos
as its administrative officer of corporate services Charles V. Huff­man
.... Michael P. Duncan is working for Central Pipe and
Supply in Houston .... Carl Duisberg has begun additional gradu­ate
studies at Johns Hopkins in Washington D.C. With Interna­tional
Mercury Outboards, Inc. is John M. Richter.
Richard Smithers '74
7S Jean Paul Mosse is with a French import/export firm
in Marseille .... David Bridewell just campleted train­ing
with Mellon Bank and will be working for a sub­sidiary
in New Orleans. . . . In Bagneux, France, Kevin R.
O'Donnell is a contracts negotiator for Raytheon .... Arif Hafiz
and Jim Leiby are with Ridge Tool Co. Arif is waiting for
aSSignment in the Middle East; Jim is in Singapore .... Marketing
manager with Bell Helicopter is Thomos Larsen .... S.S. Kresge
Campany has added Anneliese Markel to its marketing trainee
program . . .. Yoshiharu Imai is with the Japanese branch of Sun­beam
Corparation .... Debby Nelson is a new product develop­ments
coordinator with Miller Morton . ... Blue Bonnet account
executive with Ted Bates is Trisha Kidwell .... Rich Vogel is
with American International Insurance in Chicago. . . . With
Georgia Pacific Corporation International Division is Roger Har­rison
as assistant controller af the Brazilian division .. .. Rod
Granger is working for the Comptroller of the Currency in Great
Falls . . . . 3M sales representative Lee Henken is in the printing
products division in Iowa .... Paul R. Mastilak is with the Penn­sylvania
Bureau of International Commerce and edits their inter­national
trade newsletter .... Agnew Tech-Tran Inc. has Pierre
V. Charbonneau working as a marketing representative. . . .
Mariam Shirazi is with the International Bank of Iran in the
planning and organiz ing department .... Area sales represen­tative
in EI Paso for S.c. Johnsonson is Todd Thurwachter . .. .
Franklin Howard Mann is a sales correspondent for St. Regis
Paper Co. . . . Having recently completed a training program,
Douglas H. Short will be assigned ta CBINY at Chemical Bank .
· .. Dick Banks will soon be business manager for a highway
construction project of Morrison-Knudsen International of Iran.
· .. Laurence M. Taber is in the international department of
White Machinery Corparation .... Cindy Young has transferred
to the pay line group of International Harvester to serve as
supervisor of pric ing administration .... Richard M. Thomas was
appointed international officer at The Fidelity Bank in Phila­delphia
.... Bob Kronmon, employed with Young and Rubicam
as an assistant account executive in California, attended a party
for Tom Lando, who is going to Brazil for Exxon. . . . Dale
Denkensohn is with the Peace Corps in Upper Volta on a two
year ass ignment. . . . With Banca Lar in Rio de Janeiro is
Byron Coelho •... Mark and Denise Anderson were recently trans­ferred
to Puerto Rico with Libby, writes J. Jorge Verduzco from
Belem, Brazil. He also expects visits from Vince Daniels and Jim
Conner who will be there on business. Jorge and Olga are with
the Brasil ian EXPERANCA Foundation . . .. In Guatemala City,
James B. Styer is working with Church World Service .... Keiichi
Ohoto is manager of development and planning with Stauffer
Japan Ltd.. . Philip Matthai is a consultant with the United
Notions Economic and Sociol Commission for Asia and the Pacific.
· . . Lynn E. Mc~eal is an assistant manager with Electronic
Data Systems .. . . International business specialist for the Con·
necticut Commerce Department is Tany Interlandi. . . . Richard
David Vogel is working on international corporate insurance con­tracts
for American International Underwriters in Chicago ....
Rodney A. Taylor is with the State of Mississippi International
Office of the Governor in Brussels. He was visited by Riad Marei
and his new bride and visited with Thierry Rouview in the south
of France .... Ted Strickler is living in Las Vegas. A fire destroyed
his own mortgage investment company a month after he had
opened it .... The Canadian Imperial Bank of Commerce has
transferred Mark F. Hasbany to Hong Kong, where he will be
manager of Kuwait Pacifi c Finance Company Ltd .... Jahn Alan
Neuwirth has been hired as an account executive for Cunningham
and Wolsh, Inc. . . . Crown Pacific Ltd. has named James C.
Loberg regional manager for the East Asia area, including Taiwan
and the Philippines .... With Merrill Lynch Co., in Caracas,
Venezuela is James Patrick Carrigan •... Celsa Serna is self­employed
in Venezuelo. . . . Raymond O'Neal Westbrook has
joined the fo mi ly business of direct sales of architectural and
engineering equipment .. . . Keymon Duane Talus is with Molinos
Nacionales, CA., in Puerto Cabello, Venezuela. . . . Recently
assigned to the central Illinois territory with John Deere is Patty
Jo Murphy. . . . Arizona 's newest and most innovative export
management team, Trade Specialists International, Ltd., are of
course, T-Birds: Marcia Hollatz, Jerry Weimer and Ed Noonan,
('76>' They invite T-Bird inventors, entrepreneurs, independent
manufacturers, and exporters to contact them. (602) 279-2221.
76 John Skelley is in Muscatine, Iowa, working for Central
Soya as a grain merchandiser .... Kallol Dos Gupta
is in the apparel industry with Star of India Fashions
in Los Angeles. He has taken a showroom in California Mart,
"a multi-storied building complex full of the glamour girls of
the fashion world." . .. Ingrid Padbewchek is working very hard
for IBM in Caracas, Vene:zuela - "from 7 : 15 a.m. to 8 :30 p.m."
Mark Swisher is assistant monager of a ship brokerage firm in
Guatemala City . . . . Steven C. Graybill was promoted to assistant
cashier-senior lending officer in June at Bank of America Inter­national
of Chicago . .. . Michael F. Chahine, after his current
assignment in Holland for Koehring International, expects a per­manent
assignment. . . George Fang and his wife, Evelyn, are
in Hong Kong. George is working for Honela Finance Ltd., an
affiliate of the International Bank of Detroit, as manager of
credit and administration. . . . George I. Del Canto writes us
that he has given up his life as a ski instructor at Vail and is
with the international division of J . D. Marshall as their Latin
American sales manager. He sends news of Ian Gladding, with
J.D. Marshall in Korea . .. . Minneapolis has become the new
home of James Beirne. He is the internationol marketing co­ordinator
for International Multifoods . . . . Kirk Dale Haws and
his wife, Sheri, are in the Republic of Singapore, where he is the
distr ict manager for Clark Equipment Company. . . Patricia W.
Barnes is in Chicago working as a general banking services associ­ate
for Continental Bank .. . . Ronald B. Schuh is in Fort Worth,
Texas, and is working for General Dynamics as a senior marketing
representaive .... Bob Hood is the new owner of the VERMONT
BUSINESS WORLD, a monthly business newspaper . . . . Gregoria
Buchaj was recently appointed manager of production control plan­ning
and programming department with Chrysler de Venezuelo S.A.
· .. Ed Noonan has joined Marcia Hollatz ('75) and Jerry Weimer
('75) in forming Trade Specialists International, Ltd., an innovative
export management team ... . Joseph L. Gause has obtained em­ployment
with Lockheed in Saudi Arabia. During August he went
on a ' round the world vacation .... Gates Brelsford is in Houston
with Texas Commerce Bank as an officer trainee. He writes that
Lewis Lucke is working for the Agriculture Department in Washing­ton,
D.C. and Dole Byors is helping his father on his cattle ranch in
Son Angelo. Vahe Asadaurian is an auditor for an oil company,
while Dave Scott is an oil pipe broker for Lucky Products and will
be leaving Houston soon .. . . Morvin Huth and Diane Clauss Huth
ore now working in Sao Paulo, Brazil. Marvin is at the Firestone
Factory in San Andre, while Diane is working at Johnson &
Johnson as a junior brand manager. They met Hugh Pace ('75),
who is there with Goodyear in the sales department. . , Chris
tapher O. Kroos has moved to Australia with Chrysler Ltd. and
would like to see any T-Birds who are travelling "down-under" .
· . Brock Lowes is in Tamuning, Guam with Dunham and Smith
Agencies .. . . Elizabeth Acton is with Distributive Services Inter­national
in New York City as an import account executive . . ..
Bruno Cornelio, Jr. joined the Bank of America in San Francisco
as a credit administrator far their world banking division . He
will relocate to Manila for training before being assigned to the
Tokyo office .. , Constance L. Thatcher is still with FCIA and
works on heavy construction equipment accounts. Jock Scholl, also
with FCIA, has been transferred to the Milwaukee affice ....
Thermchai Phinyawatana has returned to Bangkok with Chase
Manhottan Bank, N.A. His wife, Tong, had their secand baby,
a boy, named Win . ... Debra Hyman is working for Estee Lauder
as a trainee in the ir internatianol department. She is "alive and
well , living in New York City." . . Nancy C. Vandenburg is still
in Milwaukee with Koehr ing Internotional; ofter several months
of troining in various areas, she is now in international finance .
· . . Mary L. Carney is extremely busy in Lesotho with a CARE
project, teoch ing 5000 rural dwellers to spin mohair into yarn.
She acts as project manager in all areas of daily operation . ..
Joan Wells Hames was promoted to finance staff officer in world
corporate group services management at Citibank in New York
21
City. She commutes from Darien, Connecticut to work. . . .
Carlos G. Orchard is at Nosamco Services Incorporated, an import­export
company .... Bruce H. Burlington works for Citibank in
Riyadh, Saudi Arabia . He is an accaunt officer in the trad ing
companies seeton .. .. Jose Ortega, who is working for Cater­pillar,
and Paul Alcanzar, with GTE, met by accident in Caracas,
Venezuela, where they both now reside. . . . Mary McCaw has
entered Indiana University's Law School in Indianapolis . . ..
Gloria Trierweiler writes that she has been promoted to assistant
account executive in Chevrolet merchandising. She also sends news
of Rajendra Vedak, who is employed by Pizza Hut and Arif Hafiz,
who is in Iran, with Ridge Tool Company .... "Thunderbird
has an excellent reputation within the business communities of
this area", writes Andrew C. Tullock. Andrew and his wife Andrea
are in Guatemala City where he is employed by Bank of America
in their regionol office for Central America. They plan on being
there for another year and a half. . .. John R. Austin works in
Iowa for Cook Industries as a grain merchandiser. He reports to
have been trading grain with Manuel Triguieros, Pillsbury, and
John Skelly, Central Soya .. .. Douglas A. Trigg reports a new
position as an account executive with Publicidad Siboney in San
Juan, Puerto Rico .... Michael D. Hennessey, is acting as an
account executive for International Packaging Systems in Nor­folk,
Connecticut. He travels frequently and has made good use
of Dr. Valdivieso's commercial Spanish class . . .. Corley R. Barnes
is currently with CBS Television in New York City .... Sigmund
Aunan is with Procter and Gamble in Caracas, Vene:zuela. . . .
Susan (Sunny) Speca is off to France to work towards her doc­torate
as a Rotary Graduate Fellowship awardee .... John Blaine
has changed careers. He is currently working for Paul B. Elder
(Pharmaceuticals) Company in Ohio. . . . Satjier Chahil is with
I BM's financial section in Toronto; Axel Mees is with A.T.
Kearny GMBH, Management Consultants; Mike Hayes is with
Bank of America in Frankfurt; and, Peter Jacht is in Germany
with American Hospital Supply Corporation .. .. Mustofa Mamujee
and his sister Rashida ('75) hosted Stephen Beaver, assistant vice
president and dean of students, and his wife during their recent
visit to Kenya. Both Mustafa and Rashido are working for a
family-owned wholesale steel and hardware store in Mombasa.
Rashida is the first woman ever to work for the store .. .. Patricia
N. Campbell is a management trainee with Nevada National
Bancorporation . ... Sarah Kay Bellman is an assistant depart­ment
manager with Bamberger's in New Jersey . ... Tom Zapp
is with John Deere Intercontinental in Davenport, Iowa. . . .
Joe Sam Shirah and his wife Brenda are in western North Caro­lina,
where Joe is working as an options specialist for McCarley
and Company, Inc .... In February, William L. Wray and his
wife, Nada, will be moving to Tunisia where Bill will be production
monager at American Uniform Company's plant .. . . Eleanor
Hamric is a sales representative for Coldwell Bonker in Scottsdale,
Arizona; Mark J. Kerrissey has token a job with Walnut Indus­tries
as a marketing and sales person; and, Adrian V. Popescu has
been promoted to assistant project manager with Schering-Plough
Inc. in Puerto Rico .... In Venezuela, Lindsey R. Stewart, is an
assistant product manager with Colgate Palmolive . . .. Great Plains
Wheat, Inc. has appointed John D. Gordley as regional director for
Africa, in Casablanca, Morocco.
John D. Gordley '76
22
77 Pamela J. Hollowoy is an executive management trainee
with Diamand's Department Stare, an affiliate af Day­tan-
Hudsan Carp .... J. Wright Witcher and his wife,
Leslie, are in Lang Beach, Califarnia, where he is a manage­ment
trainee far Purex Internatianal 's industrial divisian. .
John T. Mosier lives in San Gabrtel , Cal ,farn,a , where he is the
assistant ta the vice president af internatianal aperatians far
Jacabs Engineering Campany .... Luis A. Moreno has accepted
a jab as assistant ta the p,esident, PRACO S.A. in Bogota,
Colombia .... Smith and Wesson has hired Richard Mackney to
be their area administrator for Europe . ... Kevin M. McLinden
and his bride Christine are presently in Bartlett, Illinois. He is
working as an assistant export manager for Buehler limited ....
"1 will be locating in Minneapolis with Continental Grain Com'
pany," writes Kathleen A. Larson .... William J . Richoux and
his wife Moureen, are presently in Racine, Wisconsin. Bill is a
project specialist with J.1. Case . .. . Mary Hollis Lubin is working
for G.E. Silicons in Waterford, New York, as a sales trainee .. . .
Steve Mobley has a job with Burroughs in San Francisco and is
travell ing extensively .... George Giagtzis is on the audit staff
for Exxan and has travelled to Jamaica and Venezuela, as well
as to Bogota, Colambia ... . Chin Wah Ying is gradually making
his way back hame to Singapore . After extensive Clark Equip­ment
Co. training in North Dakota and Atlanta, he will be home·
ward bound. . . . Christopher L. Wang, (Wang Ching-liang)
reports that he is working in the internatianal department of
International Materials Research Inc ., in Santa Clara, California.
· .. Another Thunderbird in the San Francisco area is Craig
Klapfleisch, working for Hilti, Inc. as a terr itory salesman . ...
Ky Chueon Kim is presently in New York City working as a
management consultant for a small business carparat ian. . . .
Laurie Kreiger is in Chicago on a training pragram with U.S. Steel.
· .. Arthur L. Hale is in Kansas with Cessna Aircraft in the inter­national
marketing division .... " 1 enjay what I am doing sa
much I've been putting in 9 to 10 hours a day! " writes Tom
Beatty. Tom and his wife Laurie are in Buchanan, Michigan with
Clark Equipment Company .... Tam Hackim has been employed
by Owens-Illinois, Inc. as an international marketing trainee and
is living in Taledo ... . Ashok D. Patel is in Stamford, Cannecticut
with Continental Can .... Brian W. De La Houssaye is with
Curtiss Breeding Service, a division of Searle Agricultural Inc ., as
an international marketing operations and planning coardinator.
· .. Puerto Rico, hos become the home of Margaret A. Bernot,
wha is working for Publicidad Sibaney, Inc. as a media buyer.
· .. According to Thomas Harte, Jim Secunda ('75), Marty Mohn
('77) and he are knawn as the Thunderbi rd Mafia at I NA Cor­poration
and "treated like exatic china." . . . James Dardis
Robinson, IV is an associate with Ballew, Reinhardt, Paale, Inc.,
a management consulting firm in Memphis .... J. Richard Condie
is an accaunt executive with Ogilvy and Mather Inc. in Hauston .
· .. Mary T. Bernabucci is working for McGaw Laborataries, a
d ivisian of American Hospital Supply Corporation, as a territory
representative for northeastern Michigan .... Moira K. Gomez
is with the European American Bank as a management trainee in
New York City . ... Ke-Hwa Hsu is in Taiwan working